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
(
Get Free Report)
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).
See Also
Before you consider Flotek Industries, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Flotek Industries wasn't on the list.
While Flotek Industries currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Which stocks are likely to thrive in today's challenging market? Enter your email address and we'll send you MarketBeat's list of ten stocks that will drive in any economic environment.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
