Greenridge Global upgraded shares of Flexible Solutions International (NASDAQ:FSI) from a hold rating to a buy rating in a report published on Wednesday, April 3rd, Zacks.com reports.
Flexible Solutions International stock traded up $0.01 during trading hours on Wednesday, reaching $2.85. 32,800 shares of the stock were exchanged, compared to its average volume of 61,290. Flexible Solutions International has a 52-week low of $1.23 and a 52-week high of $2.98.
Flexible Solutions International (NASDAQ:FSI) last announced its quarterly earnings data on Monday, April 1st. The company reported ($0.02) EPS for the quarter, missing the Zacks’ consensus estimate of $0.03 by ($0.05). The business had revenue of $5.67 million for the quarter, compared to the consensus estimate of $5.62 million.
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; 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.
See Also: Special Dividends
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