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How to buy Flotek Industries stock | $2.31
Own Flotek Industries stock in just a few minutes.
Fact checked
Flotek Industries, Inc is an oil & gas equipment & services business based in the US. Flotek Industries shares (FTK) are listed on the NYSE and all prices are listed in US Dollars. Flotek Industries employs 174 staff and has a trailing 12-month revenue of around USD$60.6 million.
How to buy shares in Flotek Industries
- Compare share trading platforms. If you're a beginner, look for a platform with low commissions, expert ratings and investment tools to track your portfolio. Narrow down top brands with our comparison table.
- Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and bank information. Fund your account with a bank transfer, credit card or debit card.
- Search for Flotek Industries. Find the stock by name or ticker symbol: FTK. Research its history to confirm it's a solid investment against your financial goals.
- Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Flotek Industries reaches your desired price. To spread out your purchase, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
- Decide on how many to buy. At last close price of USD$2.31, weigh your budget against a diversified portfolio that can minimize risk through the market's ups and downs. You may be able to buy a fractional share of Flotek Industries, depending on your broker.
- Check in on your investment. Congratulations, you own a part of Flotek Industries. Optimize your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.
What's in this guide?
- FTK shares summary
- Compare share dealing platforms
- Is FTK stock a buy or sell?
- Stock performance over time
- Can I short FTK shares?
- Are FTK shares over-valued?
- Flotek Industries's financials
- How volatile are FTK shares?
- Does Flotek Industries pay a dividend?
- Have FTK shares ever split?
- Other common questions
Flotek Industries share price
Use our graph to track the performance of FTK stocks over time.Flotek Industries shares at a glance
Information last updated 2020-12-27.
| Latest market close | USD$2.31 |
|---|---|
| 52-week range | USD$0.67 - USD$3.09 |
| 50-day moving average | USD$2.2468 |
| 200-day moving average | USD$2.0541 |
| Wall St. target price | USD$1.5 |
| PE ratio | 4.8519 |
| Dividend yield | N/A (0%) |
| Earnings per share (TTM) | USD$0.27 |
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Is it a good time to buy Flotek Industries stock?
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.
Flotek Industries price performance over time
Historical closes compared with the close of $2.31 from 2020-12-11
| 1 week (2021-01-12) | 24.19% |
|---|---|
| 1 month (2020-12-18) | 8.45% |
| 3 months (2020-10-19) | -17.50% |
| 6 months (2020-07-17) | 58.22% |
| 1 year (2020-01-17) | 26.92% |
|---|---|
| 2 years (2019-01-18) | -7.60% |
| 3 years (2018-01-19) | 5.64 |
| 5 years (2016-01-19) | 5.52 |
Is Flotek Industries under- or over-valued?
Valuing Flotek Industries stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Flotek Industries's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Flotek Industries's P/E ratio
Flotek Industries's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 5x. In other words, Flotek Industries shares trade at around 5x recent earnings.
That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.
Flotek Industries's PEG ratio
Flotek Industries's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 4.78. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.
The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Flotek Industries's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.
Flotek Industries financials
| Revenue TTM | USD$60.6 million |
|---|---|
| Gross profit TTM | USD$-29,872,000 |
| Return on assets TTM | -29.29% |
| Return on equity TTM | -113.35% |
| Profit margin | -258.34% |
| Book value | $0.894 |
| Market capitalisation | USD$160.1 million |
TTM: trailing 12 months
Shorting Flotek Industries shares
There are currently 3.4 million Flotek Industries shares held short by investors – that's known as Flotek Industries's "short interest". This figure is 0.6% down from 3.4 million last month.
There are a few different ways that this level of interest in shorting Flotek Industries shares can be evaluated.
Flotek Industries's "short interest ratio" (SIR)
Flotek Industries's "short interest ratio" (SIR) is the quantity of Flotek Industries shares currently shorted divided by the average quantity of Flotek Industries shares traded daily (recently around 544545.99358974). Flotek Industries's SIR currently stands at 6.24. In other words for every 100,000 Flotek Industries shares traded daily on the market, roughly 6240 shares are currently held short.
However Flotek Industries's short interest can also be evaluated against the total number of Flotek Industries shares, or, against the total number of tradable Flotek Industries shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Flotek Industries's short interest could be expressed as 0.05% of the outstanding shares (for every 100,000 Flotek Industries shares in existence, roughly 50 shares are currently held short) or 0.0505% of the tradable shares (for every 100,000 tradable Flotek Industries shares, roughly 51 shares are currently held short).
A SIR below 10% would generally be considered to indicate a fairly optimistic outlook for the share price, with fewer people currently willing to bet against Flotek Industries.
Find out more about how you can short Flotek Industries stock.
Flotek Industries share dividends
We're not expecting Flotek Industries to pay a dividend over the next 12 months.
Have Flotek Industries's shares ever split?
Flotek Industries's shares were split on a 2:1 basis on 12 July 2007. So if you had owned 1 share the day before before the split, the next day you'd have owned 2 shares. This wouldn't directly have changed the overall worth of your Flotek Industries shares – just the quantity. However, indirectly, the new 50% lower share price could have impacted the market appetite for Flotek Industries shares which in turn could have impacted Flotek Industries's share price.
Flotek Industries share price volatility
Over the last 12 months, Flotek Industries's shares have ranged in value from as little as $0.67 up to $3.09. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Flotek Industries's is 2.6562. This would suggest that Flotek Industries's shares are significantly more volatile than the average for this exchange and represent a higher risk.
Flotek Industries overview
Flotek Industries, Inc. provides chemistry and services to the oil and gas industries in the United States and internationally. The company designs, develops, manufactures, packs, markets, distributes, and delivers reservoir-centric fluid systems, including specialty and conventional chemistries for use in oil and gas well drilling, cementing, completion, remediation, and stimulation activities, as well as use in enhanced and improved oil recovery markets under the Complex nano-Fluid, Pressure reducing Fluids, and MicroSolv brand names. It is also involved in the construction and management of automated material handling facilities; and management of loading facilities and blending operations for oilfield service companies. The company serves integrated oil and natural gas, oilfield service, independent oil and natural gas, pressure pumping service, international supply chain management, and national and state-owned oil companies. It sells its products directly through its sales force and contractual agency arrangements, as well as through third party agents. Flotek Industries, Inc. is based in Houston, Texas.
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