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
On 1/10/25, Flotek Industries Inc (NYSE: FTK) stock declined by -3.1%, closing at $8.68. However, trading volume in this decline was normal at 83% of normal. Relative to the market the stock has been exceptionally strong over the last nine months but has declined -8.9% during the last week.
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 25 but a very high Power Rating of 99, and the High Neutral Value Trend Rating results.
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