Flotek Industries (FTK) Receiving Somewhat Positive Media Coverage, Accern Reports
Media coverage about Flotek Industries (NYSE:FTK) has been trending somewhat positive recently, Accern reports. The research group identifies negative and positive media coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Flotek Industries earned a coverage optimism score of 0.07 on Accern’s scale. Accern also gave media headlines about the oil and gas company an impact score of 45.6640201723955 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
Here are some of the news stories that may have impacted Accern’s analysis:
- Here’s Why Flotek Industries Sank a Whopping 37.2% in August (fool.com)
- Here's Why Flotek Industries Sank a Whopping 37.2% in August (finance.yahoo.com)
- Flotek Industries, Inc. (FTK) Lifted to “Hold” at Zacks Investment Research (americanbankingnews.com)
- RSI 23.87 Alerts: Flotek Industries, Inc. (FTK) stock to sell – Voice Of Analysts (analystsbuzz.com)
- Flotek Industries, Inc. (FTK) has a value of $5.10 per share While Spectrum Brands Holdings, Inc. (SPB) is stand at … – Stocks Gallery (stocksgallery.com)
Flotek Industries (FTK) traded up 2.15% on Wednesday, hitting $5.23. The company’s stock had a trading volume of 873,373 shares. The company has a 50 day moving average price of $6.59 and a 200-day moving average price of $9.79. Flotek Industries has a 1-year low of $4.91 and a 1-year high of $16.93. The company’s market capitalization is $299.85 million.
Several brokerages recently commented on FTK. BidaskClub cut Flotek Industries from a “sell” rating to a “strong sell” rating in a report on Tuesday, July 25th. Seaport Global Securities reaffirmed a “buy” rating on shares of Flotek Industries in a report on Thursday, July 20th. Zacks Investment Research cut Flotek Industries from a “buy” rating to a “hold” rating in a report on Friday, June 23rd. Finally, ValuEngine cut Flotek Industries from a “hold” rating to a “sell” rating in a report on Friday, June 2nd.
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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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