Flotek Industries Inc (NYSE: FTK) is -28.44% lower on its value in year-to-date trading and has touched a low of $3.13 and a high of $10.35 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The FTK stock was last observed hovering at around $6.80 in the last trading session, with the day’s gains setting it 0.02%.
Currently trading at $6.82, the stock is -9.40% and -15.65% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.11 million and changing 0.29% at the moment leaves the stock 2.59% off its SMA200. FTK registered 94.86% gain for a year compared to 6-month gain of 40.33%. The firm has a 50-day simple moving average (SMA 50) of $8.0854 and a 200-day simple moving average (SMA200) of $6.6476.
The stock witnessed a -27.45% loss in the last 1 month and extending the period to 3 months gives it a -23.02%, and is 4.44% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 4.81% over the week and 6.75% over the month.
Flotek Industries Inc (FTK) has around 142 employees, a market worth around $203.42M and $187.03M in sales. Current P/E ratio is 20.14 and Fwd P/E is 8.86. Profit margin for the company is 5.61%. Distance from 52-week low is 117.89% and -34.11% from its 52-week high. The company has generated returns on investments over the last 12 months (8.72%).
with sales reaching $44.5M over the same period.The EPS is expected to grow by 73.53% this year, but quarterly earnings will post 13.09% year-over-year. Quarterly sales are estimated to grow 10.22% in year-over-year returns.
75.0 institutions hold shares in Flotek Industries Inc (FTK), with institutional investors hold 33.63% of the company’s shares. The shares outstanding are 29.83M, and float is at 28.59M with Short Float at 2.79%. Institutions hold 20.62% of the Float.
