Flexible Solutions International (FSI) Downgraded by Zacks Investment Research to Sell
Zacks Investment Research downgraded shares of Flexible Solutions International (NYSEAMERICAN:FSI) from a hold rating to a sell rating in a report released on Wednesday, August 29th.
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. “
Shares of FSI remained flat at $$1.56 during mid-day trading on Wednesday. The stock had a trading volume of 5,518 shares, compared to its average volume of 22,063. Flexible Solutions International has a 52 week low of $1.33 and a 52 week high of $2.10.
Flexible Solutions International Company Profile
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.
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