Flotek Industries Inc’s filing revealed that its Director Wilks Matthew acquired Company’s shares for reported $1.27 million on May 12 ’25. In the deal valued at $12.24 per share,103,514 shares were bought. As a result of this transaction, Wilks Matthew now holds 144,350 shares worth roughly $2.07 million.
Then, Wilks Matthew bought 32,810 shares, generating $384,127 in total proceeds. Upon buying the shares at $11.71, the Director now owns 72,006 shares.
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 jump 13.54% to $14.34. Over the last five days, the stock has gained 100.84%. Flotek Industries Inc shares have risen nearly 50.47% since the year began. Nevertheless, the stocks have risen 312.07% over the past one year. While a 52-week high of $12.84 was reached on 05/13/25, a 52-week low of $3.30 was recorded on 04/07/25. SMA at 50 days reached $8.09, while 200 days put it at $6.96.
Levels Of Support And Resistance For FTK Stock
The 24-hour chart illustrates a support level at 13.14, which if violated will result in even more drops to 11.95. On the upside, there is a resistance level at 15.01. A further resistance level may holdings at 15.68. The Relative Strength Index (RSI) on the 14-day chart is 86.77, which indicates overbought technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 4.05, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 1.69%. Stochastics %K at 96.14% indicates the stock is a selling.
