Flotek Industries (FTK) Receives Analyst Rating

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 (NYSE:FTK): The stock was completely flat for the day, closing at $14.95 on Thursday. The flat closing masks the intraday volatility in the stock. After opening at $14.96, the stock touched an intraday high of $15.22 and a low of $14.77. Neither the bulls nor the bears asserted their supremacy at close, due to which the stock closed completely flat. The stock previously closed at $14.95. The total trading volume on Thursday was 802,313.

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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