In last trading session, Flotek Industries, Inc. (NYSE:FTK) saw 409,222 shares changing hands with its beta currently measuring 2.52. Company’s recent per share price level of $1.86 trading at -$0.03 or -1.59% at ring of the bell on the day assigns it a market valuation of $135.96 Million. That closing price of FTK’s stock is at a discount of -66.13% from its 52-week high price of $3.09 and is indicating a premium of 64.52% from its 52-week low price of $0.66. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 548.16 Million shares which gives us an average trading volume of 456.39 Million if we extend that period to 3-months.

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For Flotek Industries, Inc. (FTK), analysts’ consensus is at an average recommendation of Hold while assigning it a mean rating of 3. Splitting up the data highlights that, out of 1 analysts covering the stock, none rated the stock as a Sell while none recommended an Overweight rating for the stock. 1 suggested the stock as a Hold whereas none see the stock as a Buy. None analyst(s) advised it as an Underweight. The company is expected to be making an EPS of -$0.11 in the current quarter.

Flotek Industries, Inc. (NYSE:FTK) trade information

In the face of being in the red during last session for losing -1.59%, in the last five days FTK remained trading in the green while hitting it’s week-highest on Thursday, Jan 14 when the stock touched $1.94 price level, adding 4.12% to its value on the day. Flotek Industries, Inc.’s shares saw a change of -11.85% in year-to-date performance and have moved -1.06% in past 5-day. Flotek Industries, Inc. (NYSE:FTK) showed a performance of -20.85% in past 30-days. Number of shares sold short was 3.31 Million shares which calculate 0.01 days to cover the short interests.

Wall Street analysts have assigned a consensus price target of $1.5 to the stock, which implies targetted prices is already lagging behind -19.35% to its current value. Analysts have been projecting $1.5 as a low price target for the stock while placing it at a high target of $1.5. It follows that stock’s current price would jump -19.35% in reaching the projected high whereas dropping to the targeted low would mean a loss of -19.35% for stock’s current value.

Flotek Industries, Inc. (FTK) estimates and forecasts

Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of -30.8% during past 5 years. In 2021, company’s earnings growth rate is likely to be around -3.6% while estimates for its earnings growth in next 5 years are of 10%

Flotek Industries, Inc. (NYSE:FTK)’s Major holders

Insiders are in possession of 9.32% of company’s total shares while institution are holding 46.5% percent of that, with stock having share float percentage of 51.28%. Investors also watch the number of corporate investors in a company very closely, which is 68 institutions for Flotek Industries, Inc. that are currently holding shares of the company. Newtyn Management, LLC is the top institutional holder at FTK for having 4.92 Million shares of worth $13.32 Million. And as of September 29, 2020, it was holding 6.73% of the company’s outstanding shares.

The second largest institutional holder is Dimensional Fund Advisors LP, which was holding about 3.2 Million shares on September 29, 2020. The number of shares represents firm’s hold over 4.38% of outstanding shares, having a total worth of $8.67 Million.


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On the other hand, Vanguard Total Stock Market Index Fund and DFA U.S. Core Equity 2 Portfolio are the top two Mutual Funds which own company’s shares. As of September 29, 2020, the former fund manager was holding 1892315 shares of worth $5.13 Million or 2.59% of the total outstanding shares. The later fund manager was in possession of 944.91 Thousand shares on October 30, 2020, making its stake of worth around $2.34 Million in the company or a holder of 1.29% of company’s stock.


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