Flotek Industries Inc (NYSE: FTK) stock closed at $8.35 on 12/24/24 after a major increase of 13.6%. Moreover, unusually high trading volume at 156% of normal accompanied the advance. The stock has risen 4.4% 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). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing very contradictory signals. Flotek Industries has a poor Appreciation Score of 27 but a very high Power Rating of 97, leading to the High Neutral Value Trend Rating.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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