Flexible Solutions International (NYSEAMERICAN:FSI) Stock Crosses Above Two Hundred Day Moving Average of $0.00

Shares of Flexible Solutions International, Inc. (NYSEAMERICAN:FSI) crossed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $0.00 and traded as high as $2.15. Flexible Solutions International shares last traded at $2.15, with a volume of 1,000 shares changing hands.

Separately, Zacks Investment Research upgraded shares of Flexible Solutions International from a “sell” rating to a “hold” rating in a report on Monday, January 20th.

The stock has a market cap of $26.92 million and a P/E ratio of 15.36. The stock’s 50 day moving average is $2.63.

Flexible Solutions International (NYSEAMERICAN:FSI) last released its quarterly earnings results on Thursday, November 14th. The basic materials company reported $0.03 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.05 by ($0.02). The business had revenue of $7.40 million for the quarter, compared to analyst estimates of $7.90 million.

A number of institutional investors have recently added to or reduced their stakes in the business. Cadence Capital Management LLC purchased a new stake in shares of Flexible Solutions International during the third quarter worth about $616,000. Renaissance Technologies LLC increased its holdings in shares of Flexible Solutions International by 55.6% during the second quarter. Renaissance Technologies LLC now owns 339,924 shares of the basic materials company’s stock valued at $1,533,000 after acquiring an additional 121,424 shares in the last quarter. BlackRock Inc. acquired a new position in shares of Flexible Solutions International during the second quarter valued at about $96,000. Jane Street Group LLC purchased a new position in shares of Flexible Solutions International in the 2nd quarter valued at approximately $52,000. Finally, Regal Investment Advisors LLC purchased a new position in shares of Flexible Solutions International in the 3rd quarter valued at approximately $27,000.

Flexible Solutions International Company Profile (NYSEAMERICAN:FSI)

Flexible Solutions International, Inc is an environmental technology company, which engages in the research, development, and manufacture of products that save water and energy. It operates through the Energy and Water Conservation Products; and Biodegradable Polymers business segments. The Energy and Water Conservation Products segment consists of liquid swimming pool blanket which saves energy and water by inhibiting evaporation from the pool surface, and food-safe powdered form of the active ingredient within the liquid blanket.

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