Home Sectors Energy Stock Analysis: Flotek Industries (NYSE: FTK)

Stock Analysis: Flotek Industries (NYSE: FTK)

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Flotek Industries is in the energy sector and is in the oil and gas services industry. The company CEO is John W. Chisholm. Flotek Industries Inc develops and supplies chemistry and services to the oil and gas industries, and high value compounds to companies that make cleaning products, cosmetics, food and beverages and other products.

Previous Intraday Trading Performance:

The FTK stock showed a previous change of -2.22% with an open at 1.35 and a close of 1.32. It reached an intraday high of 1.40 and a low of 1.31.

SeekingAlpha:  Earnings movers dominate premarket losers list

Liquidity:

The stock has a market cap of $75.3m with 57.0m shares outstanding, of which the float is 51.8m shares. Trading volume reached 862,914 shares compared to its average volume of 1,291,916 shares. Based on the current average volume and close price, the trading liquidity is bad, highly speculative and an investor may want to avoid this stock.

Historical Trading Performance:

Over the last five trading days, Flotek Industries shares returned -7.04% and in the past 30 trading days it returned -29.41%. Over three months, it changed -43.10%. In one year it has changed -71.05% and within that year its 52-week high was 6.77 and its 52-week low was 1.31. FTK stock is 0.76% above its 52 Week Low.

Our calculations show a 200 day moving average of 3.44 and a 50 day moving average of 1.94. Currently FTK stock is trading -61.64% below its 200 day moving average and may not be a good opportunity to buy as it may continue to trend down.

SeekingAlpha:  Earnings movers dominate premarket losers list

Earnings:

The last annual fiscal EPS for the company was reported at -0.47 that ended on 31st of December 2017. Based on 1 analyst estimate, the estimated EPS for the next quarter is -0.11. The TTM EPS is -0.39, which comes to a TTM PE of -3.38.

The following are the last four quarter reported earnings per share:
09-30-2018:  -0.06
06-30-2018:  -0.34
03-31-2018:  0.01
12-31-2017:  0.00

Indicators to Watch:

Based on the latest filings, there is 124.80% of institutional ownership. Short-interest is 9,586,114, which is 16.81% of shares outstanding. The short-interest ratio or days-to-cover ratio is 6.59. This stock has a moderate level of short interest, but may still be a buying opportunity depending on other indicators.

The current calculated beta is 1.55

PR Newswire:  First Financial Bankshares Announces Third Quarter Earnings Results

Fundamental Indicators:

Based on last reported financials, the company’s return on equity is -37.74%, return on assets is -27.33%, profit margin is -33.72%, price-to-sales is 0.29 and price-to-book is 0.39.

Company Scores:

All scores are out of six:
 1  :Valuation Score
 0  :Past Performance Score
 4  :Financial Strength Score
 0  :Future Growth Score
 0  :Dividend Score
 1  :Overall Score

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John Jones
Worked for several Wall Street firms: Salomon Smith Barney, UBS, and Charles Schwab. Has developed skills and gained extensive experience over the years that is used today to uncover winning penny stocks.Also was an attorney for small businesses in Scottsdale, Arizona. That experience and understanding of law provides a unique perspective and edge in discovering quality companies in various industries.

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