Flotek Industries (NYSE:FTK - Get Free Report) released its quarterly earnings results on Monday. The oil and gas company reported $0.14 EPS for the quarter, beating analysts' consensus estimates of $0.10 by $0.04, Zacks reports. Flotek Industries had a return on equity of 7.76% and a net margin of 4.58%. The firm had revenue of $50.76 million for the quarter, compared to analyst estimates of $50.08 million. During the same quarter in the previous year, the company posted $0.07 EPS.
Flotek Industries Stock Up 4.1 %
FTK traded up $0.37 during trading on Friday, hitting $9.25. 195,702 shares of the company traded hands, compared to its average volume of 137,714. The firm has a market cap of $275.46 million, a P/E ratio of 35.58 and a beta of 1.21. The stock's fifty day moving average is $8.56 and its 200 day moving average is $7.07. Flotek Industries has a one year low of $3.13 and a one year high of $10.35.
About Flotek Industries
(
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Flotek Industries, Inc operates as a technology-driven green chemistry and data company that serves customers across industrial and commercial markets in the United States, the United Arab Emirates, and internationally. It operates through two segments: Chemistry Technologies (CT) and Data Analytics (DA).
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