While this happened, ROTH MKM initiated its Flotek Industries Inc [FTK] rating to a Buy in a research note published on July 25, 2024; the price target was $6.50. A number of analysts have revised their coverage, including Alliance Global Partners’s analysts, who began to cover the stock in late April with a ‘”a Buy”‘ rating. Noble Capital Markets began covering FTK with “an Outperform” recommendation on July 01, 2021. Seaport Global Securities revised its rating on August 08, 2018. It rated FTK as “a Neutral” which previously was an “a Buy”.
Price Performance Review of FTK
On Tuesday, Flotek Industries Inc [NYSE:FTK] saw its stock fall -0.14% to $7.10. Over the last five days, the stock has gained 6.45%. Flotek Industries Inc shares have fallen nearly -25.50% since the year began. Nevertheless, the stocks have risen 102.86% over the past one year. While a 52-week high of $10.35 was reached on 03/18/25, a 52-week low of $3.26 was recorded on 04/07/25. SMA at 50 days reached $7.80, while 200 days put it at $6.72.
Levels Of Support And Resistance For FTK Stock
The 24-hour chart illustrates a support level at 6.42, which if violated will result in even more drops to 5.73. On the upside, there is a resistance level at 7.57. A further resistance level may holdings at 8.03. The Relative Strength Index (RSI) on the 14-day chart is 47.24, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.25, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 25.20%. Stochastics %K at 73.46% indicates the stock is a holding.
How much short interest is there in Flotek Industries Inc?
A steep rise in short interest was recorded in Flotek Industries Inc stocks on 2025-04-15, growing by 0.14 million shares to a total of 0.82 million shares. Yahoo Finance data shows the prior-month short interest on 2025-03-14 was 0.68 million shares. There was a rise of 16.98%, which implies that there is a positive sentiment for the stock.
