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Analysis
Flotek Industries, Inc. (FTK)
Flotek Industries, Inc. (FTK)
Ranking:
Buy
Implies positive momentum
Stock Name: Flotek Industries, Inc.
Symbol: FTK
Market Cap: $276M
Industry: Oil & Gas Equipment & Services
Sector: Energy
Website: https://www.flotekind.com
About Flotek Industries, Inc.

Flotek Industries, Inc. operates as a technology-driven chemistry and data company that serves customers across industrial, commercial, and consumer markets in the United States, the United Arab Emirates, and internationally. It operates in two segments, Chemistry Technologies (CT) and Data Analytics (DA). The CT segment designs, develops, manufactures, packages, distributes, delivers, and markets green specialty chemicals that enhance the profitability of hydrocarbon producers and cleans surfaces in commercial and personal settings to help reduce the spread of bacteria, viruses, and germs Please visit their website for more information.

Overview:
Last Close: $9.25
52 Week: $2.75-$9.93
MVA50: 7.42
MVA200: 5.54
Quarterly Revenue: $50M
RSI: 69.74
Buy/Sell*: 70.57
1-Month change: 20.43%
3-Month change: 55.03%
EPS: 0.09
*Proprietary Buy Sell Volume Indicator
Price Chart For FTK
Our Approach

Our proprietary analysis employs a weighted average approach integrating both functional and technical parameters, tailored to the sector, industry, and microeconomic factors. This methodology assigns dynamic weights to the parameters, with a focus on recent trends, ensuring a nuanced evaluation for informed investment decisions. Considering various financial parameters of the stock from its income statement, balance sheet, and cash flow, in addition to some of the derived parameters of the stock in conjunction with its sector and macroeconomic conditions, our proprietary Weighted Average AI model gives a rank of Buy.

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