North Star Investment Management Corp. Acquires Shares of 90,000 Flexible Solutions International, Inc. $FSI

North Star Investment Management Corp. purchased a new position in Flexible Solutions International, Inc. (NYSE:FSI) in the 1st quarter, HoldingsChannel.com reports. The fund purchased 90,000 shares of the company’s stock, valued at approximately $486,000.

Other large investors also recently added to or reduced their stakes in the company. Beartown Capital Management LLC purchased a new stake in Flexible Solutions International during the 4th quarter valued at about $503,000. XTX Topco Ltd purchased a new position in Flexible Solutions International in the 4th quarter worth approximately $78,000. Regal Investment Advisors LLC lifted its stake in Flexible Solutions International by 22.8% in the 4th quarter. Regal Investment Advisors LLC now owns 34,960 shares of the company’s stock worth $235,000 after purchasing an additional 6,500 shares in the last quarter. Rothschild Wealth LLC acquired a new position in shares of Flexible Solutions International during the 4th quarter worth approximately $728,000. Finally, Marshall Wace LLP boosted its holdings in shares of Flexible Solutions International by 14.8% during the 4th quarter. Marshall Wace LLP now owns 59,696 shares of the company’s stock worth $401,000 after purchasing an additional 7,679 shares during the last quarter. 54.31% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Separately, Zacks Research upgraded Flexible Solutions International from a “strong sell” rating to a “hold” rating in a report on Monday, June 22nd. One investment analyst has rated the stock with a Strong Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Buy”.

Flexible Solutions International Trading Down 2.2%

FSI opened at $6.66 on Wednesday. Flexible Solutions International, Inc. has a 52 week low of $4.61 and a 52 week high of $11.48. The company has a quick ratio of 2.22, a current ratio of 3.17 and a debt-to-equity ratio of 0.17. The business has a fifty day simple moving average of $6.45 and a 200-day simple moving average of $6.11. The firm has a market cap of $84.83 million, a P/E ratio of 20.18 and a beta of 1.65.

Flexible Solutions International (NYSE:FSI) last issued its quarterly earnings results on Wednesday, April 15th. The company reported $0.06 earnings per share (EPS) for the quarter. Flexible Solutions International had a net margin of 10.80% and a return on equity of 10.61%. During the same quarter last year, the firm earned $0.24 EPS. On average, equities analysts expect that Flexible Solutions International, Inc. will post 0.24 earnings per share for the current year.

Flexible Solutions International Company Profile

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.