Why You should Invest In Flotek Industries Inc. (NYSE:FTK)


Technical Indicators and Signals

The stochastic oscillator indicator is the important indicator to compare the security price over a certain period of time. The stochastic %K of Flotek Industries Inc. (NYSE:FTK) for the period of 9-Day stands at 24.83% while the stochastic %D for the same period stands at 37.4%.

The 7-Day Average Directional Index ADX (also known as Trend Strength Indicator) of Flotek Industries Inc. (NYSE:FTK) signals “Sell” while other important signals like the 20-Day Moving Average Vs. Price signals “Sell”.

Another important signal of trend and momentum of a security is 20-50 Day MACD Oscillator or Moving Average Convergence Divergence signals “Sell” for Flotek Industries Inc. (NYSE:FTK) while 20-100 Day MACD Oscillator indicates “Sell”.

Bollinger band is a volatility indicator of a certain security, currently Flotek Industries Inc. (NYSE:FTK)’s 20-Day Bollinger Band indicates “Hold”.

About Company

Flotek manufactures and markets innovative specialty chemicals, downhole drilling and production equipment, and management of automated bulk material handling, loading and blending facilities. It serves major and independent companies in the domestic and international oilfield service industry.

Previous Day Activity Analysis

On the last trading day, Flotek Industries Inc. (NYSE:FTK) opened the session at $4.88 and after going down -1.05% closed at $4.73. The stock lost -0.15 points in the last trade.

Flotek Industries Inc. (NYSE:FTK)’s stock fluctuated in the range of $4.70 and $4.96 during the previous active session. Flotek Industries Inc. (NYSE:FTK) traded with the volume of 1.3 Million with average volume of 1.34 Million. The stock has LOW volatility on the last trading session.

Currently the Beta for the company remains at 1.7 while ATR (Average True Range) and RSI (Relative Strength Index) are at 0.32 and 39.78 respectively.

Currently the Insider Ownership of the shares of Flotek Industries Inc. (NYSE:FTK) is at 1.2% and the shares outstanding are 57.95 Million.

Important Ratio Analysis

Some important ratios to consider here for Flotek Industries Inc. (NYSE:FTK) are discussed below:

Dividend yield of Flotek Industries Inc. (NYSE:FTK) stands at 0% whereas Price to Earnings P/E ratio stands at 1182.5 while Forward P/E shows the value of 6.96.

The PEG ratio (Price to Earning to Growth) emits the value of 118.25. The Price to Sale P/S and Price to Book P/B shows the value of 0.91 and 0.99 respectively. While Price to Cash P/C and Price to Free Cash Flow P/FCF stands at 80.62 and 0 correspondingly.

The Quick Ratio of Flotek Industries Inc. (NYSE:FTK) stands at 1 while the Current Ratio depicts the value of 1.9.

Return on Assets ROA of Flotek Industries Inc. (NYSE:FTK) is at 0% whereas, Return on Equity ROE and Return of Investment ROI of Flotek Industries Inc. (NYSE:FTK) stand at 0% and 1.2% respectively.

Stock Performance Analysis

The stock performance of Flotek Industries Inc. (NYSE:FTK) on the basis of 5 day trade show the dip of -1.46% whereas, the monthly performance of the stock shows decrease of -15.38%.

The quarterly performance of the stock remained in red zone with the value of -49.09% while six month performance of the shares of Flotek Industries Inc. (NYSE:FTK) remained bearish with the count of -61.04%.

The yearly and YTD performance of Flotek Industries Inc. (NYSE:FTK) remained down at -66.26% and -49.63% respectively.