Flotek Industries Inc. (NYSE: FTK) started the day on November 19, 2020, with a price decrease of -4.83% at $1.97. During the day, the stock rose to $2.15 and sunk to $1.82 before settling in for the price of $2.07 at the close. Taking a more long-term approach, FTK posted a 52-week range of $0.66-$3.09.
The Energy Sector giants’ yearly sales growth during the last 5-year period was -17.90%. Meanwhile, its Annual Earning per share during the time was -30.80%. Nevertheless, stock’s Earnings Per Share (EPS) this year is -3.60%. This publicly-traded company’s shares outstanding now amounts to $66.04 million, simultaneously with a float of $64.51 million. The organization now has a market capitalization sitting at $134.26 million. At the time of writing, stock’s 50-day Moving Average stood at $2.6196, while the 200-day Moving Average is $1.6345.
Let’s gauge the efficiency of the firm, which has a total of 174 employees. It has generated 685,937 per worker during the last fiscal year. Meanwhile, its income per employee was -441,006. The stock had 4.23 Receivables turnover and 0.45 Total Asset turnover. For the Profitability, stocks gross margin was -31.69, operating margin was -62.99 and Pretax Margin of -64.46.
Flotek Industries Inc. (FTK) Ownership Facts and Figures
Now let’s turn our focus to how large-scale investors are working with this stock of the Oil & Gas Equipment & Services Industry. Flotek Industries Inc.’s current insider ownership accounts for 2.20%, in contrast to 51.70% institutional ownership. According to the most recent insider trade that took place on Sep 15, this organization’s Director bought 23,918 shares at the rate of 2.53, making the entire transaction reach 60,513 in total value, affecting insider ownership by 2,901,996. Preceding that transaction, on Sep 14, Company’s Director bought 42,937 for 2.51, making the whole transaction’s value amount to 107,772. This particular insider is now the holder of 2,886,523 in total.
Flotek Industries Inc. (FTK) Earnings and Revenue Records
In the latest quarterly report released, which was put into the public domain on 9/29/2020, the organization reported -$0.3 earnings per share (EPS) for the three months, lower than the consensus estimate (set at -$0.08) by -$0.22. This company achieved a net margin of -64.29 while generating a return on equity of -40.94. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.05 per share during the current fiscal year.
Flotek Industries Inc.’s EPS decrease for this current 12-month fiscal period is -3.60% and is forecasted to reach -0.13 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 10.00% through the next 5 years, which can be compared against the -30.80% growth it accomplished over the previous five years trading on the market.
Flotek Industries Inc. (NYSE: FTK) Trading Performance Indicators
Let’s observe the current performance indicators for Flotek Industries Inc. (FTK). It’s Quick Ratio in the last reported quarter now stands at 3.60. The Stock has managed to achieve an average true range (ATR) of 0.20. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 1.93.
In the same vein, FTK’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -2.04, a figure that is expected to reach -0.08 in the next quarter, and analysts are predicting that it will be -0.13 at the market close of one year from today.
Technical Analysis of Flotek Industries Inc. (FTK)
If we take a close look at the recent performances of Flotek Industries Inc. (NYSE: FTK), its last 5-days Average volume was 0.63 million that shows progress from its year to date volume of 0.52 million. During the previous 9 days, stock’s Stochastic %D was recorded 10.73% While, its Average True Range was 0.2073.
Raw Stochastic average of Flotek Industries Inc. (FTK) in the period of the previous 100 days is set at 41.36%, which indicates a major rise in contrast to 14.56% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 62.52% that was lower than 72.16% volatility it exhibited in the past 100-days period.