North Star Investment Management Corp. Buys New Holdings in Flexible Solutions International, Inc. $FSI

North Star Investment Management Corp. bought a new position in Flexible Solutions International, Inc. (NYSE:FSI) during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 90,000 shares of the company’s stock, valued at approximately $486,000. North Star Investment Management Corp. owned approximately 0.71% of Flexible Solutions International as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also recently modified their holdings of FSI. XTX Topco Ltd purchased a new stake in Flexible Solutions International during the fourth quarter valued at $78,000. Regal Investment Advisors LLC grew its stake in shares of 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 buying an additional 6,500 shares in the last quarter. Ritholtz Wealth Management increased its holdings in shares of Flexible Solutions International by 270.3% in the 4th quarter. Ritholtz Wealth Management now owns 41,882 shares of the company’s stock worth $282,000 after buying an additional 30,573 shares during the last quarter. O Shaughnessy Asset Management LLC increased its holdings in shares of Flexible Solutions International by 179.3% in the 4th quarter. O Shaughnessy Asset Management LLC now owns 59,524 shares of the company’s stock worth $400,000 after buying an additional 38,213 shares during the last quarter. Finally, Marshall Wace LLP raised its position 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 valued at $401,000 after buying an additional 7,679 shares in the last quarter. Institutional investors own 54.31% of the company’s stock.

Wall Street Analysts Forecast Growth

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

Flexible Solutions International Trading Down 2.2%

Shares of NYSE:FSI opened at $6.66 on Wednesday. The company has a market capitalization of $84.83 million, a PE ratio of 20.18 and a beta of 1.65. The company has a current ratio of 3.17, a quick ratio of 2.22 and a debt-to-equity ratio of 0.17. Flexible Solutions International, Inc. has a 12-month low of $4.61 and a 12-month high of $11.48. The business’s fifty day simple moving average is $6.45 and its 200-day simple moving average is $6.11.

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