Zacks Investment Research cut shares of Flexible Solutions (NYSEAMERICAN:FSI) from a hold rating to a sell rating in a research note issued to investors on Thursday.
According to Zacks, “Flexible Solutions International, Inc is an environmental technology company focusing on the research, development and manufacturing of products that save water and energy. The Company develops and manufactures products such as WaterSavr, Heatsavr and Ecosavr. The Company also offers thermal polyaspartate biopolymers (TPAs) for oil fields, agricultural industry, irrigation, detergents, personal care products and cosmetic products. Flexible Solutions International, Inc is based in Victoria, Canada. “
Separately, Greenridge Global set a $1.00 target price on shares of Flexible Solutions and gave the stock a sell rating in a research report on Tuesday, April 3rd.
NYSEAMERICAN FSI opened at $1.40 on Thursday. Flexible Solutions has a 52 week low of $1.33 and a 52 week high of $2.58.
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About Flexible Solutions
Flexible Solutions International Inc, together with its subsidiaries, develops, manufactures, and markets specialty chemicals that slow the evaporation of water. The company operates in two segments, Energy and Water Conservation Products; and Biodegradable Polymers. Its products include HEATSAVR, a chemical product for use in swimming pools and spas that forms a thin and transparent layer on the water's surface; ECOSAVR, a disposable dispenser designed for the residential pool and spa market; and WATERSAVR to reduce water evaporation in reservoirs, potable water storage tanks, livestock watering ponds, aqueducts, canals, and irrigation ditches, as well as for lawn and turf care, and potted and bedding plants.
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