Media stories about Flotek Industries (NYSE:FTK) have been trending somewhat positive on Tuesday, according to Accern. The research group identifies positive and negative news coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Flotek Industries earned a media sentiment score of 0.14 on Accern’s scale. Accern also assigned press coverage about the oil and gas company an impact score of 46.6669320752576 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
Here are some of the media headlines that may have impacted Accern Sentiment’s rankings:
- Flotek Industries Announces Third Quarter 2017 Results Reporting Schedule (finance.yahoo.com)
- Commit To Purchase Flotek Industries At $4, Earn 22.6% Annualized Using Options – TheStreet.com (thestreet.com)
- Trademarking a Scent: Hasbro Not Succeeding Yet (jdsupra.com)
- Law & Odor: Hasbro Sniffing Out the Opportunities for Trademark Registration (ipwatchdog.com)
- Flotek Industries, Inc. (FTK) Set to Announce Quarterly Earnings on Tuesday (americanbankingnews.com)
Flotek Industries (NYSE:FTK) opened at 4.90 on Tuesday. The firm’s 50-day moving average price is $5.04 and its 200 day moving average price is $7.72. The stock’s market cap is $280.93 million. Flotek Industries has a 12-month low of $4.48 and a 12-month high of $14.51.
Several research firms have weighed in on FTK. Seaport Global Securities restated a “buy” rating on shares of Flotek Industries in a report on Thursday, July 20th. BidaskClub cut Flotek Industries from a “sell” rating to a “strong sell” rating in a report on Tuesday, July 25th. Finally, Zacks Investment Research cut Flotek Industries from a “hold” rating to a “strong sell” rating in a report on Wednesday, September 20th.
About Flotek Industries
Flotek Industries, Inc is a technology-driven company. The Company develops and supplies chemistry and services to the oil and gas industries, and compounds to companies that make cleaning products, cosmetics, food and beverages, and other products that are sold in consumer and industrial markets. The Company operates through two segments: Energy Chemistry Technologies (ECT), and Consumer and Industrial Chemistry Technologies (CICT).
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