Shares of Flotek Industries, Inc. (NYSE:FTK - Get Free Report) passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $3.64 and traded as high as $3.80. Flotek Industries shares last traded at $3.75, with a volume of 38,868 shares changing hands.
Wall Street Analyst Weigh In
Separately, TheStreet raised shares of Flotek Industries from a "d" rating to a "c-" rating in a report on Wednesday, March 13th.
Get Our Latest Research Report on Flotek Industries
Flotek Industries Stock Up 0.8 %
The stock has a 50 day moving average of $3.16 and a 200 day moving average of $3.63. The firm has a market cap of $110.94 million, a price-to-earnings ratio of -28.77 and a beta of 1.04.
Hedge Funds Weigh In On Flotek Industries
A number of institutional investors have recently added to or reduced their stakes in the stock. Jane Street Group LLC bought a new stake in shares of Flotek Industries during the third quarter worth about $31,000. B. Riley Wealth Advisors Inc. acquired a new stake in Flotek Industries in the third quarter valued at $32,000. Charles Schwab Investment Management Inc. bought a new position in shares of Flotek Industries during the first quarter worth about $43,000. Pingora Partners LLC bought a new position in Flotek Industries during the 4th quarter worth approximately $46,000. Finally, Bank of America Corp DE raised its stake in Flotek Industries by 11,418.7% during the first quarter. Bank of America Corp DE now owns 76,369 shares of the oil and gas company's stock worth $53,000 after buying an additional 75,706 shares during the last quarter. 10.90% of the stock is currently owned by institutional investors and hedge funds.
Flotek Industries Company Profile
(
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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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