Flotek Industries (FTK) Scheduled to Post Quarterly Earnings on Tuesday

Flotek Industries (NYSE:FTK) is set to post its quarterly earnings results after the market closes on Tuesday, May 7th. Parties that are interested in registering for the company’s conference call can do so using this link.

Flotek Industries (NYSE:FTK) last announced its earnings results on Tuesday, March 12th. The oil and gas company reported $0.07 earnings per share for the quarter. The business had revenue of $42.19 million for the quarter. Flotek Industries had a net margin of 13.14% and a negative return on equity of 0.65%.

Flotek Industries Trading Up 1.2 %

Flotek Industries stock opened at $3.51 on Tuesday. The firm has a market capitalization of $104.11 million, a PE ratio of -27.01 and a beta of 1.06. Flotek Industries has a 12-month low of $2.64 and a 12-month high of $5.70. The firm has a 50-day moving average price of $3.39 and a 200-day moving average price of $3.51.

Wall Street Analyst Weigh In

FTK has been the topic of a number of analyst reports. TheStreet raised Flotek Industries from a “d” rating to a “c-” rating in a research note on Wednesday, March 13th. Alliance Global Partners began coverage on Flotek Industries in a research report on Monday. They issued a “buy” rating and a $7.00 price objective on the stock.

Flotek Industries Company Profile

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).