Brokerage Firm 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.


For the current week, the company shares have a recommendation consensus of Buy. Flotek Industries (NYSE:FTK): The stock opened at $15.19 on Thursday but the bulls could not build on the opening and the stock topped out at $15.35 for the day. The stock traded down to $14.84 during the day, due to lack of any buying support eventually closed down at $14.89 with a loss of -1.06% for the day. The stock had closed at $15.05 on the previous day. The total traded volume was 854,001 shares.

In a related news, Hardy Carla S., director of Flotek Industries Inc/Cn/, unloaded 2,794 shares at an average price of $7.85 on January 14, 2016. The total amount of the transaction was worth $21,933, according to the disclosed information 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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