Zacks Rating on Flotek Industries (FTK)

Flotek Industries (FTK) : The consensus on Flotek Industries (FTK) based on 1 analyst recommendation on the company stock is 1, which is interpreted as a Strong Buy recommendation. Zacks Investment Research has issued a rank of 3 which endorses a Hold on the stock. However, 1 brokers have a differing view as they consider the stock to be a Strong Buy at current levels.


Flotek Industries Inc. has dropped 0.6% in the last five trading days, however, the shares have posted positive gains of 14.21% in the last 4 weeks. Flotek Industries Inc. is up 24.01% in the last 3-month period. Year-to-Date the stock performance stands at 31.38%. Flotek Industries (NYSE:FTK): stock turned positive on Tuesday. Though the stock opened at $14.81, the bulls momentum made the stock top out at $15.45 level for the day. The stock recorded a low of $14.77 and closed the trading day at $15.03, in the green by 1.90%. The total traded volume for the day was 878,537. The stock had closed at $14.75 in the previous days trading.

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.

Leave a Reply

Get Pre-Market Alerts!

Get Pre-Market Analysts' Upgrades, Downgrades, Earnings & Initiations with our FREE daily email newsletter.