Brokerage Firm Rating Update on Flotek Industries (FTK)

Flotek Industries (FTK) : Zacks Investment Research ranks Flotek Industries (FTK) as 3, which is a Hold recommendation. 1 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. The average broker rating of 1 research analysts is 1, which indicates as a Strong Buy.


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

Flotek Industries (NYSE:FTK): The stock opened at $16.04 and touched an intraday high of $16.18 on Wednesday. During the day, the stock corrected to an intraday low of $15.5, however, the bulls stepped in and pushed the price higher to close in the green at $16.18 with a gain of 1.06% for the day. The total traded volume for the day was 700,594. The stock had closed at $16.01 in the previous trading session.

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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