Analyst Rating Update on Flotek Industries (FTK)

Flotek Industries (NYSE:FTK) : 1 brokerage houses believe that Flotek Industries (NYSE:FTK) is a Strong Buy at current levels. Zacks Investment Research suggests a Hold with a rank of 3.The median of all the 1 Wall Street Analysts endorse the stock as a Strong Buy with a rating of 1.

For the current week, the company shares have a recommendation consensus of Buy.

Flotek Industries (NYSE:FTK): stock turned positive on Tuesday. Though the stock opened at $12.43, the bulls momentum made the stock top out at $12.96 level for the day. The stock recorded a low of $12.36 and closed the trading day at $12.89, in the green by 7.24%. The total traded volume for the day was 822,563. The stock had closed at $12.02 in the previous days trading.

In an insider trading activity,The director of Flotek Industries Inc/Cn/, Hardy Carla S. sold 2,794 shares at $7.85 on January 14, 2016. The Insider selling transaction had a total value worth of $21,933. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.

Flotek Industries, Inc. is a diversified, technology-driven company that develops and supplies oilfield products, services and equipment to the oil, gas and mining industries. The Company also develops and supplies compounds to companies that make cleaning products, cosmetics, food and beverages and other products for the consumer and industrial markets. The Company has four segments: Energy Chemical Technologies, Consumer and Industrial Chemical Technologies, Drilling Technologies and Production Technologies. The Companys customers primarily include major integrated oil and natural gas companies, oilfield service companies, independent oil and natural gas companies, pressure pumping service companies, international supply chain management companies, national and state-owned oil companies, household and commercial cleaning product companies, fragrance and cosmetic companies, and food manufacturing companies.

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