Stock Rating Downgrade
The Value Trend Rating for Flotek Industries Inc (NYSE: FTK) weakened recently from B to C reflecting eroding fundamentals and low Appreciation Potential. Details supporting this lower rating are included in our next report.
Recent Price Action
Flotek Industries Inc (NYSE: FTK) stock enjoyed a very large increase of 6.3% on 1/31/25. The shares closed at $9.25. Moreover, trading volume in this advance was above average at 144% of normal. The stock has risen 5.4% during the last week and has been exceptionally strong relative to the market over the last nine months.
Current PriceTarget Research Rating
Flotek Industries has a current Value Trend Rating of C (High Neutral). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Flotek Industries has a poor Appreciation Score of 26 but a very high Power Rating of 99, producing the High Neutral Value Trend Rating.
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