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

Flotek Industries (NYSE:FTK) will announce its earnings results after the market closes on Tuesday, May 7th. Individual interested in registering for the company’s earnings conference call can do so using this link.

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

Flotek Industries Stock Performance

NYSE FTK opened at $3.48 on Friday. The company has a market cap of $103.22 million, a P/E ratio of -26.78 and a beta of 1.06. The company has a fifty day simple moving average of $3.43 and a 200 day simple moving average of $3.49. Flotek Industries has a 12-month low of $2.64 and a 12-month high of $5.70.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently commented on the stock. TheStreet raised shares of Flotek Industries from a “d” rating to a “c-” rating in a research report on Wednesday, March 13th. Alliance Global Partners began coverage on Flotek Industries in a research note on Monday, April 29th. They issued a “buy” rating and a $7.00 price objective for the company.

About Flotek Industries

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).