Headlines about Flotek Industries (NYSE:FTK) have trended somewhat positive on Wednesday, Accern Sentiment reports. The research firm ranks the sentiment of news coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Flotek Industries earned a daily sentiment score of 0.06 on Accern’s scale. Accern also gave media coverage about the oil and gas company an impact score of 47.78100797046 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.
FTK has been the subject of a number of research analyst reports. Zacks Investment Research raised shares of Flotek Industries from a “hold” rating to a “buy” rating and set a $6.25 target price for the company in a research note on Wednesday, February 21st. ValuEngine downgraded shares of Flotek Industries from a “sell” rating to a “strong sell” rating in a research note on Thursday, March 1st.
Flotek Industries (NYSE FTK) opened at $6.13 on Wednesday. Flotek Industries has a 12 month low of $4.14 and a 12 month high of $13.06. The firm has a market cap of $367.21, a PE ratio of -13.04 and a beta of 1.59.
About Flotek Industries
Flotek Industries, Inc is a technology-driven company. The Company develops and supplies chemistry and services to the oil and gas industries, and compounds to companies that make cleaning products, cosmetics, food and beverages, and other products that are sold in consumer and industrial markets. The Company operates through two segments: Energy Chemistry Technologies (ECT), and Consumer and Industrial Chemistry Technologies (CICT).
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