Flotek Industries Inc (NYSE: FTK) is 216.42% higher on its value in year-to-date trading and has touched a low of $3.79 and a high of $16.87 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The FTK stock was last observed hovering at around $14.86 in the last trading session, with the day’s loss setting it -0.02%.
Currently trading at $14.84, the stock is -1.01% and 13.27% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.29 million and changing -0.13% at the moment leaves the stock 67.83% off its SMA200. FTK registered 55.72% gain for a year compared to 6-month gain of 60.43%. The firm has a 50-day simple moving average (SMA 50) of $13.1016 and a 200-day simple moving average (SMA200) of $8.8421.
The stock witnessed a 1.30% loss in the last 1 month and extending the period to 3 months gives it a 77.30%, and is 1.23% 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 6.27% over the week and 6.71% over the month.
Flotek Industries Inc (FTK) has around 142 employees, a market worth around $443.00M and $202.01M in sales. Current P/E ratio is 32.50 and Fwd P/E is 15.75. Profit margin for the company is 7.09%. Distance from 52-week low is 291.56% and -12.03% from its 52-week high. The company has generated returns on investments over the last 12 months (11.38%).
The EPS is expected to grow by 100.59% this year
92.0 institutions hold shares in Flotek Industries Inc (FTK), with institutional investors hold 61.10% of the company’s shares. The shares outstanding are 29.83M, and float is at 13.69M with Short Float at 9.00%. Institutions hold 28.43% of the Float.
The top institutional shareholder in the company is NIERENBERG INVESTMENT MANAGEMENT COMPANY, INC. with over 1.25 million shares valued at $6.13 million. The investor’s holdings represent 4.2366 of the FTK Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 0.66 million shares valued at $3.25 million to account for 2.2467 of the shares outstanding. The other top investors are MASTERS CAPITAL MANAGEMENT LLC which holds 0.47 million shares representing 1.613 and valued at over $2.33 million, while TRUIST FINANCIAL CORP holds 0.6889 of the shares totaling 0.2 million with a market value of $1.0 million.
Flotek Industries Inc (FTK) Insider Activity
The most recent transaction is an insider purchase by Wilks Matthew, the company’s Director. SEC filings show that Wilks Matthew bought 13,040 shares of the company’s common stock on May 14 ’25 at a price of $14.15 per share for a total of $0.18 million. Following the purchase, the insider now owns 0.16 million shares.
Flotek Industries Inc disclosed in a document filed with the SEC on May 15 ’25 that Wilks Matthew (Director) bought a total of 402 shares of the company’s common stock. The trade occurred on May 15 ’25 and was made at $14.99 per share for $6026.0. Following the transaction, the insider now directly holds 0.16 million shares of the FTK stock.
Still, SEC filings show that on May 12 ’25, Wilks Matthew (Director) acquired 103,514 shares at an average price of $12.24 for $1.27 million. The insider now directly holds 144,350 shares of Flotek Industries Inc (FTK).
