Flexible Solutions International (NYSEAMERICAN:FSI) issued its quarterly earnings data on Wednesday. The basic materials company reported $0.00 EPS for the quarter, missing the consensus estimate of $0.06 by ($0.06), Zacks reports. The company had revenue of $6.77 million for the quarter, compared to the consensus estimate of $8.35 million.
Shares of NYSEAMERICAN:FSI opened at $2.55 on Friday. The company has a market cap of $29.93 million and a P/E ratio of 18.21. Flexible Solutions International has a 12 month low of $1.23 and a 12 month high of $4.74.
Separately, Zacks Investment Research cut shares of Flexible Solutions International from a “buy” rating to a “hold” rating in a research note on Saturday, August 10th.
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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