Flotek Industries – Consensus Indicates Potential 104.8% Upside

Broker Ratings

Flotek Industries with ticker code (FTK) have now 2 analysts in total covering the stock. The consensus rating is ‘Buy’. The target price ranges between 2.5 and 1.75 calculating the mean target price we have 2.13. Given that the stocks previous close was at 1.04 this would indicate that there is a potential upside of 104.8%. The 50 day MA is 1.22 and the 200 day moving average is 1.6. The company has a market cap of $78m. Find out more information at: http://www.flotekind.com

Flotek Industries 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 and Data Analytics. The Chemistry Technologies segment designs, develops, manufactures, packages, distributes, delivers, and markets reservoir-centric fluid systems, including specialty and conventional chemistries, for use in oil and gas well drilling, cementing, completion, remediation, and stimulation activities designed to maximize recovery in new and mature fields, as well as to reduce health and environmental risk by using greener chemicals. This segment serves integrated oil and gas, oilfield services, independent oil and gas, international supply chain management, and national and state-owned oil companies. The Data Analytics segment designs, develops, produces, sells, and supports equipment and services that create and provide valuable real time information about the composition and properties for customers’ oil, natural gas, and refined products. This segment sells Verax analyzers, deployed in the field across the oil and gas sector, to support contracts and software services via its cloud-based Viper software platform, as well as sells hardware-related solutions. It sells its products directly through its sales force and contractual agency arrangements. The company was incorporated in 1985 and is headquartered in Houston, Texas.

You can now share this on Stocktwits, just click the logo below and add the ticker in the text to be seen.

Share on Stocktwits
Find more news, interviews, share price & company profile here for:

    Good news travels fast (but only if you make that happen). Share on:

    Twitter
    LinkedIn
    Facebook
    Email
    Reddit

      AIM All Share Index