Attractive Moving Stock: Flotek Industries (FTK)

Lloyd Doyle
January 13, 2018

It has underperformed by 2.26% the S&P500. (NYSE:FTK) is a huge mover today! Closing price generally refers to the last price at which a stock trades during a regular trading session. About 43,442 shares traded. That's a potential 2.04 increase relative to where Flotek Industries, Inc. We will analyze the growth, profitability, risk, valuation, and insider trends of both companies and see which one investors prefer. The 1-year high was reported on Jan, 11 by Barchart.com. We have $5.39 PT which if reached, will make NYSE:FTK worth $23.05 million less. Also, the Hold rating count is 0 as of 01/11/18. It also upped Hyatt Hotels Corp (NYSE:H) stake by 937,245 shares and now owns 3.75 million shares. The oil and gas company reported ($0.03) earnings per share for the quarter, missing analysts' consensus estimates of $0.02 by ($0.05).

Flotek Industries (FTK)'s Williams Percent Range or 14 day Williams %R is sitting at -17.09. The stock price of FTK is moving up from its 20 days moving average with 20.22% and isolated positively from 50 days moving average with 22.89%. (NYSE:FTK) to report earnings on February, 14. During the same period last year, the business earned ($0.06) EPS. equities research analysts anticipate that Flotek Industries will post -0.12 earnings per share for the current year.

According to Flotek Industries, Inc.'s latest 13F filing with the US Securities and Exchange Commission (SEC), institutional ownership is at 84.93%.

Investors sentiment increased to 1.84 in Q3 2017. Its up 0.59, from 1.25 in 2017Q2.


Short interest or otherwise called the percentage of a stock's tradable shares now being shorted is another data that investors use to get a handle on sentiment. 30 funds opened positions while 51 raised stakes. During the last month, the stock has changed -0.20% and performed 19.70% over the last 6 months. State Of Alaska Department Of Revenue has 10,739 shares for 0% of their portfolio. Green Square Cap Ltd Liability owns 94,695 shares or 1.08% of their USA portfolio. Kbc Gru Nv, a Belgium-based fund reported 63,234 shares.

The collective rating of 2 for Flotek Industries, Inc. Ubs Asset Americas holds 0% or 23,429 shares in its portfolio. Pax Mngmt Ltd Limited Liability Company invested in 197,012 shares. Amer Intl Grp Incorporated Incorporated holds 0% or 44,059 shares.

Examining Institutional Ownership at Flotek Industries, Inc. (NYSE:FTK). State Board Of Administration Of Florida Retirement Sys reported 45,794 shares stake. Of those analysts, 2 rate stock as a Strong Buy, 0 rate it as Hold, and just no analyst rates it as a Moderate Sell. Therefore 80% are positive. Flotek Industries had 10 analyst reports since July 27, 2015 according to SRatingsIntel. Schwab Charles Investment Management Inc. now owns 235,800 shares of the oil and gas company's stock worth $2,109,000 after acquiring an additional 1,937 shares in the last quarter. On Thursday, August 6 the stock rating was downgraded by Vetr to "Buy". The Michigan-based Comerica Natl Bank has invested 0% in Flotek Industries, Inc.

Flotek Industries (NYSE:FTK) last announced its earnings results on Wednesday, November 8th. (NYSE:FTK) has "Perform" rating given on Monday, July 27 by Oppenheimer. (NYSE:FTK) has "Strong-Buy" rating given on Friday, August 28 by Vetr. A reading over 70 would indicate that the stock is overbought, and possibly overvalued. In the oil and gas sector, Flotek serves major and independent energy producers and oilfield service companies, both domestic and worldwide. The company has market cap of $329.31 million. The Company's Hospitality segment operates a network of meetings-focused resorts, including the Gaylord Opryland Resort and Convention Center in Nashville, Tennessee; the Gaylord Opryland Resort and Convention Center in Kissimmee, Florida; the Gaylord Texan Resort and Convention Center in Grapevine, Texas; and the Gaylord National Resort and Convention Center in Prince GeorgeƂ's County, Maryland. It now has negative earnings.

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