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How to buy Flotek Industries stock in Canada | $2.11
Own Flotek Industries shares in just a few minutes.
Flotek Industries (FTK) is a leading oil & gas equipment & services business based in the US. It opened the day at $2.09 after a previous close of $2.06. During the day the price has varied from a low of $2.06 to a high of $2.13. The latest price was $2.11 (25 minute delay). Flotek Industries is listed on the NYSE and employs 147 staff. All prices are listed in US Dollars.
How to buy Flotek Industries stock in Canada
- Choose a platform. If you're a beginner, our stock trading table below can help you choose.
- Open your account. You'll need your ID, bank details and national insurance number.
- Confirm your payment details. You'll need to fund your account with a bank transfer, debit card or credit card.
- Search the platform for stock code: FTK in this case.
- Research Flotek Industries stocks. The platform should provide the latest information available.
- Buy your Flotek Industries stocks. It's that simple.
What's in this guide?
- Can I buy shares in Flotek Industries?
- Has coronavirus impacted Flotek Industries shares?
- Flotek Industries shares summary
- Compare share dealing platforms
- Is Flotek Industries stock a buy or sell?
- Flotek Industries performance over time
- Can I short Flotek Industries shares?
- Are Flotek Industries shares over-valued?
- Flotek Industries's financials
- How volatile are Flotek Industries shares?
- Does Flotek Industries pay a dividend?
- Have Flotek Industries shares ever split?
- Other common questions
How has Coronavirus impacted Flotek Industries's stock price?
Since the stock market crash in March caused by coronavirus, Flotek Industries's stock price has had significant positive movement.
Its last market close was $2.18, which is 18.81% up on its pre-crash value of $1.77 and 211.43% up on the lowest point reached during the March crash when the stocks fell as low as $0.7.
If you had bought $1,000 worth of Flotek Industries stocks at the start of February 2020, those stocks would have been worth $535.30 at the bottom of the March crash, and if you held on to them, then as of the last market close they'd be worth $1,282.36.
Flotek Industries stock priceUse our graph to track the performance of FTK stocks over time.
Flotek Industries stocks at a glance
|52-week range||$0.9 - $3.09|
|50-day moving average||$1.8077|
|200-day moving average||$1.9851|
|Wall St. target price||$2|
|Dividend yield||N/A (0%)|
|Earnings per share (TTM)||$0.27|
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Note: The dollar amounts in the table below are in Canadian dollars.
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.
Flotek Industries price performance over time
|1 month (2021-05-13)||11.05%|
|3 months (2021-03-12)||-8.66%|
|6 months (2020-12-11)||-8.66%|
|1 year (2020-06-12)||95.37%|
|2 years (2019-06-13)||-43.58%|
|3 years (2018-06-13)||-38.30%|
|5 years (2016-06-13)||-83.28%|
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 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 stocks offer better value, while a higher ratio can be interpreted as meaning the stocks 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 stock prices of multiple high-growth companies.
Flotek Industries financials
|Revenue TTM||USD$45.5 million|
|Gross profit TTM||USD$-34,625,000|
|Return on assets TTM||-33.14%|
|Return on equity TTM||-108.92%|
|Market capitalisation||USD$147.6 million|
TTM: trailing 12 months
How to short and sell Flotek Industries stocks
- Create a CFD or spread betting account.
- Search for the stock code. E.g. "FTK.US"
- Choose your position size.
- Select "sell" rather than "buy".
- Confirm your position and keep tabs on it. You may wish to set limits on your position.
There are currently 2.4 million Flotek Industries stocks held short by investors – that's known as Flotek Industries's "short interest". This figure is 8.9% up from 2.2 million last month.
There are a few different ways that this level of interest in shorting Flotek Industries stocks can be evaluated.
Flotek Industries's "short interest ratio" (SIR)
Flotek Industries's "short interest ratio" (SIR) is the quantity of Flotek Industries stocks currently shorted divided by the average quantity of Flotek Industries stocks traded daily (recently around 318188.7874837). Flotek Industries's SIR currently stands at 7.67. In other words for every 100,000 Flotek Industries stocks traded daily on the market, roughly 7670 stocks are currently held short.
However Flotek Industries's short interest can also be evaluated against the total number of Flotek Industries stocks, or, against the total number of tradable Flotek Industries stocks (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 0.03% of the outstanding stocks (for every 100,000 Flotek Industries stocks in existence, roughly 30 stocks are currently held short) or 0.0375% of the tradable stocks (for every 100,000 tradable Flotek Industries stocks, roughly 38 stocks are currently held short).
A SIR below 10% would generally be considered to indicate a fairly optimistic outlook for the stock price, with fewer people currently willing to bet against Flotek Industries.
Find out more about how you can short Flotek Industries stock.
Flotek Industries stock dividends
We're not expecting Flotek Industries to pay a dividend over the next 12 months. However, you can browse other dividend-paying stocks in our guide.
Have Flotek Industries stocks ever split?
Flotek Industries stocks 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 stocks – just the quantity. However, indirectly, the new 50% lower stock price could have impacted the market appetite for Flotek Industries stocks which in turn could have impacted Flotek Industries's stock price.
Flotek Industries stock price volatility
Over the last 12 months, Flotek Industries's stocks have ranged in value from as little as $0.9 up to $3.09. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a stocks volatility in relation to the market. The market (NYSE average) beta is 1, while Flotek Industries's is 2.4478. This would suggest that Flotek Industries's stocks are significantly more volatile than the average for this exchange and represent a higher risk.
Flotek Industries overview
Flotek Industries, Inc. operates as a technology-driven chemistry and data company that serves customers across industrial, commercial, and consumer markets in the United States, the United Arab Emirates, and internationally. It operates in two segments, Chemistry Technologies and Data Analytics. The Chemistry Technologies segment designs, develops, manufactures, packages, distributes, delivers, and markets reservoir-centric fluid systems, including specialty and conventional chemistries, for use in oil and gas well drilling, cementing, completion, remediation, and stimulation activities designed to maximize recovery in new and mature fields, as well as to reduce health and environmental risk by using greener chemicals. This segment serves integrated oil and gas, oilfield services, independent oil and gas, international supply chain management, and national and state-owned oil companies. The Data Analytics segment designs, develops, produces, sells, and supports equipment and services that create and provide valuable real time information about the composition and properties for customers' oil, natural gas, and refined products. This segment sells Verax analyzers, deployed in the field across the oil and gas sector, to support contracts and software services via its cloud-based Viper software platform, as well as sells hardware-related solutions. It sells its products directly through its sales force and contractual agency arrangements. The company was incorporated in 1985 and is headquartered in Houston, Texas.
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