News coverage about Flotek Industries (NYSE:FTK) has been trending somewhat positive recently, according to Accern. The research firm rates the sentiment of press coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Flotek Industries earned a media sentiment score of 0.04 on Accern’s scale. Accern also gave news articles about the oil and gas company an impact score of 47.3906479975151 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.
FTK has been the subject of several recent research reports. BidaskClub raised Flotek Industries from a “strong sell” rating to a “sell” rating in a research report on Tuesday, August 8th. Zacks Investment Research raised Flotek Industries from a “strong sell” rating to a “hold” rating in a research report on Monday, September 4th.
Flotek Industries (NYSE:FTK) traded down $0.08 on Monday, hitting $4.65. The stock had a trading volume of 668,964 shares, compared to its average volume of 1,002,632. Flotek Industries has a 52 week low of $4.14 and a 52 week high of $14.51.
Flotek Industries (NYSE:FTK) last released its quarterly earnings data on Wednesday, November 8th. The oil and gas company reported ($0.03) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.02 by ($0.05). Flotek Industries had a negative net margin of 10.41% and a negative return on equity of 1.64%. The business had revenue of $79.46 million during the quarter, compared to analyst estimates of $85.10 million. During the same period in the previous year, the business earned ($0.06) earnings per share. The business’s quarterly revenue was up 23.5% on a year-over-year basis. sell-side analysts anticipate that Flotek Industries will post -0.12 EPS for the current year.
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Flotek Industries Company Profile
Flotek Industries, Inc is a technology-driven company. The Company develops and supplies chemistry and services to the oil and gas industries, and compounds to companies that make cleaning products, cosmetics, food and beverages, and other products that are sold in consumer and industrial markets. The Company operates through two segments: Energy Chemistry Technologies (ECT), and Consumer and Industrial Chemistry Technologies (CICT).
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