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Flotek Industries, Inc. (FTK) [hlAlert]

down 9.70 %

Flotek Industries, Inc. (FTK) rated Buy with price target $24 by Singular Research

Posted on: Tuesday,  Nov 19, 2013  4:25 PM ET by Singular Research

Singular Research rated Buy Flotek Industries, Inc. (NYSE: FTK) on 11/19/2013, when the stock price was $20.10. Since
then, Flotek Industries, Inc. has lost 9.70% as of 01/20/2016's recent price of $18.15.
If you would have followed this Singular Research's recommendation on FTK, you would have lost 9.7% of your investment in 792 days.

Flotek Industries, Inc. is supplying drilling and production related products and services to the energy and mining industries. The Company's core focus is oilfield specialty chemicals and logistics, downhole drilling tools and downhole production tools. Flotek offers its products primarily through its sales organizations, as well as through independent distributors and agents. The Company's reportable segments are Chemical and Logistics, Drilling Products and Artificial Lift. All three segments market products domestically and internationally. The Company acquired the assets of Teledrift Inc., which designs and manufactures wireless survey and measurement while drilling (MWD), tools, on February 14, 2008.

Singular Research
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
11/19/2013 4:25 PM Buy
20.10 24.00
as of 12/13/2013
1 Week down  -4.85 %
1 Month down  -5.42 %
3 Months   
1 YTD down  -5.42 %

(*) Stock Price at the time of the recommendation.
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