Flotek Stock Price on June 30, 2022 Breakdown

FTK
 Stock
  

USD 1.20  0.04  3.23%   

As of today, the current price of Flotek Industries is  1.20 , as last reported on the 10th of August, with the highest price reaching  1.29  and the lowest price hitting  1.16  during the day.
We consider Flotek Industries dangerous. Flotek Industries secures Sharpe Ratio (or Efficiency) of 0.0437, which denotes the company had 0.0437% of return per unit of risk over the last 3 months. Our standpoint towards predicting the volatility of a stock is to use all available market data together with stock-specific technical indicators that cannot be diversified away. We have found twenty-seven technical indicators for Flotek Industries, which you can use to evaluate the future volatility of the firm. Please confirm Flotek Industries Mean Deviation of 2.97, downside deviation of 4.29, and Coefficient Of Variation of 14105.89 to check if the risk estimate we provide is consistent with the expected return of 0.16%.
  
The current Net Income Common Stock is estimated to decrease to about (31.3 M). Price to Book Value is estimated to decrease to 3.54. The current Price to Earnings Ratio is estimated to decrease to -2.76. Flotek Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Most Recent Activity

Shares Float
62.7 M
Shares Outstanding
76.6 M
Shares Short Prior Month
3.2 M
Earnings Share
-0.45
Shares Short
M
Revenue Per Share
0.59

Flotek Industries Valuation on June 30, 2022

It is possible to determine the worth of Flotek Industries on a given historical date. On June 30, 2022 Flotek was worth 1.02 at the beginning of the trading date compared to the closed value of 0.99. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Flotek Industries stock. Still, in general, we apply an absolute valuation method to find Flotek Industries' value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Visa where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Flotek Industries' related companies.
 Open High Low Close Volume
  1.07    1.09    1.00    1.04    311,279  
06/30/2022
  1.02    1.03    0.98    0.99    367,779  
  0.99    1.03    0.95    1.01    157,750  
Backtest Flotek Industries  |  Flotek Industries History  |  Flotek Industries Valuation   PreviousNext  
Open Value 1.02
0.0099
Downside
0.99
Closing Value
12.29
Upside

Flotek Industries Trading Date Momentum on June 30, 2022

On July 01 2022 Flotek Industries was traded for  1.01  at the closing time. Highest Flotek Industries's price during the trading hours was 1.03  and the lowest price during the day was  0.95 . The net volume was 157.8 K. The overall trading history on the 1st of July contributed to the next trading period price growth. The overall trading delta to the next next day price was 2.02% . The overall trading delta to current price is 1.01% .

Flotek Industries Fundamentals Correlations and Trends

By evaluating Flotek Industries' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Flotek Industries' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Flotek financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Flotek Industries Stock history

Flotek Industries investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Flotek is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Flotek Industries will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Flotek Industries historical stock prices may prove useful in developing a viable investing in Flotek Industries
Last ReportedProjected for 2022
Weighted Average Shares73.4 M71.5 M
Weighted Average Shares Diluted73.4 M72.2 M
Issuance Purchase of Equity Shares80 K82.1 K
Flotek Industries, Inc. operates as a technology-driven chemistry and data company that serves customers across industrial, commercial, and consumer markets in the United States, the United Arab Emirates, and internationally. The company was incorporated in 1985 and is headquartered in Houston, Texas. Flotek Industries operates under Oil Gas Equipment Services classification in the United States and is traded on New York Stock Exchange. It employs 131 people.

Flotek Industries Quarterly Market Capitalization

96.56 Million

Flotek Industries Stock Technical Analysis

Flotek Industries technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Flotek Industries technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Flotek Industries trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Flotek Industries Period Price Range

Low
June 30, 2022
High

 1.02 

  

 0.99 

-0.03-2.94%

Flotek Industries August 10, 2022 Market Strength

Market strength indicators help investors to evaluate how Flotek Industries stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Flotek Industries shares will generate the highest return on investment. By undertsting and applying Flotek Industries stock market strength indicators, traders can identify Flotek Industries entry and exit signals to maximize returns

Flotek Industries Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Flotek stock's direction in advance. Along with the technical and fundamental analysis of Flotek Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Flotek to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen stock market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
Please check Investing Opportunities. Note that the Flotek Industries information on this page should be used as a complementary analysis to other Flotek Industries' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.

Complementary Tools for Flotek Stock analysis

When running Flotek Industries price analysis, check to measure Flotek Industries' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Flotek Industries is operating at the current time. Most of Flotek Industries' value examination focuses on studying past and present price action to predict the probability of Flotek Industries' future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Flotek Industries' price. Additionally, you may evaluate how the addition of Flotek Industries to your portfolios can decrease your overall portfolio volatility.
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Is Flotek Industries' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Flotek Industries. If investors know Flotek will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Flotek Industries listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Market Capitalization
92.7 M
Quarterly Revenue Growth YOY
0.094
Return On Assets
-0.18
Return On Equity
-1.25
The market value of Flotek Industries is measured differently than its book value, which is the value of Flotek that is recorded on the company's balance sheet. Investors also form their own opinion of Flotek Industries' value that differs from its market value or its book value, called intrinsic value, which is Flotek Industries' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Flotek Industries' market value can be influenced by many factors that don't directly affect Flotek Industries' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Flotek Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine Flotek Industries value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Flotek Industries' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.