Flexible Solutions International, Inc. (NYSE:FSI - Get Free Report) CEO Brien Daniel O sold 4,003 shares of the stock in a transaction on Thursday, January 29th. The shares were sold at an average price of $5.89, for a total transaction of $23,577.67. Following the completion of the sale, the chief executive officer directly owned 4,611,653 shares of the company's stock, valued at approximately $27,162,636.17. This trade represents a 0.09% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink.
Flexible Solutions International Price Performance
Shares of FSI stock opened at $5.88 on Tuesday. The stock has a 50 day moving average of $6.58 and a two-hundred day moving average of $7.69. The company has a current ratio of 3.17, a quick ratio of 2.22 and a debt-to-equity ratio of 0.17. The company has a market capitalization of $74.63 million, a P/E ratio of 17.82 and a beta of 1.56. Flexible Solutions International, Inc. has a 12 month low of $3.46 and a 12 month high of $11.48.
Institutional Trading of Flexible Solutions International
Several large investors have recently added to or reduced their stakes in FSI. Ritholtz Wealth Management increased its holdings in shares of Flexible Solutions International by 270.3% during the fourth quarter. Ritholtz Wealth Management now owns 41,882 shares of the company's stock worth $282,000 after buying an additional 30,573 shares in the last quarter. Strait & Sound Wealth Management LLC bought a new stake in Flexible Solutions International during the 2nd quarter worth approximately $49,000. Vanguard Group Inc. increased its holdings in Flexible Solutions International by 2.8% during the 3rd quarter. Vanguard Group Inc. now owns 284,869 shares of the company's stock valued at $2,746,000 after purchasing an additional 7,700 shares in the last quarter. Finally, Dimensional Fund Advisors LP increased its holdings in Flexible Solutions International by 2.2% during the 3rd quarter. Dimensional Fund Advisors LP now owns 80,481 shares of the company's stock valued at $776,000 after purchasing an additional 1,700 shares in the last quarter. 54.31% of the stock is owned by institutional investors.
Wall Street Analyst Weigh In
FSI has been the topic of several recent research reports. Singular Research upgraded shares of Flexible Solutions International from a "moderate buy" rating to a "strong-buy" rating in a research report on Monday, December 1st. Zacks Research raised Flexible Solutions International from a "strong sell" rating to a "hold" rating in a report on Monday, January 19th. One analyst has rated the stock with a Strong Buy rating and one has issued a Hold rating to the company's stock. Based on data from MarketBeat.com, the company has a consensus rating of "Buy".
Check Out Our Latest Report on Flexible Solutions International
About Flexible Solutions International
(
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Flexible Solutions International (NYSE:FSI) is a specialty chemical company dedicated to the development, production and marketing of sustainable polymer-based and bio-based additives. The company's product portfolio includes polymer modifiers, specialty resins and performance additives that enhance properties such as adhesion, viscosity, impact strength and environmental resistance. These solutions serve a variety of end markets, including coatings and adhesives, composites and plastics, oilfield and mining fluids, wastewater treatment and agricultural applications.
Headquartered in Urbana, Ohio, Flexible Solutions International operates an integrated manufacturing facility that supports customer-specific production and pilot-scale development.
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