Flexible Solutions International, Inc. (NYSEAMERICAN:FSI) Insider (Manny) Pohl Emmanuel Purchases 50,000 Shares

Flexible Solutions International, Inc. (NYSEAMERICAN:FSI) insider (Manny) Pohl Emmanuel acquired 50,000 shares of the firm’s stock in a transaction that occurred on Wednesday, October 9th. The shares were purchased at an average price of $1.85 per share, with a total value of $92,350.00.

NYSEAMERICAN FSI traded up $0.10 during trading on Thursday, reaching $2.60. 22,763 shares of the stock traded hands, compared to its average volume of 124,055. The firm has a market cap of $30.41 million and a price-to-earnings ratio of 18.57. The stock’s 50-day moving average price is $2.63 and its 200 day moving average price is $3.02. Flexible Solutions International, Inc. has a fifty-two week low of $1.23 and a fifty-two week high of $4.74.

Flexible Solutions International (NYSEAMERICAN:FSI) last issued its quarterly earnings data on Wednesday, August 14th. The basic materials company reported $0.00 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.06 by ($0.06). The company had revenue of $6.77 million for the quarter, compared to analysts’ expectations of $8.35 million.

Separately, Zacks Investment Research upgraded shares of Flexible Solutions International from a “strong sell” rating to a “hold” rating in a report on Tuesday.

Hedge funds and other institutional investors have recently modified their holdings of the stock. Jane Street Group LLC acquired a new position in shares of Flexible Solutions International in the second quarter valued at approximately $52,000. BlackRock Inc. acquired a new position in shares of Flexible Solutions International in the second quarter valued at approximately $96,000. Renaissance Technologies LLC boosted its holdings in shares of Flexible Solutions International by 55.6% in the second quarter. Renaissance Technologies LLC now owns 339,924 shares of the basic materials company’s stock valued at $1,533,000 after buying an additional 121,424 shares during the period. Finally, DORCHESTER WEALTH MANAGEMENT Co acquired a new position in shares of Flexible Solutions International in the second quarter valued at approximately $50,000.

Flexible Solutions International Company Profile

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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