GainersToday.com
GainersToday.com, Tracking Stock Market Picks
Enter Symbol:
 
Flotek Industries, Inc. (FTK) [hlAlert]

Rating:
Outperform
FTK
down 26.03 %

Flotek Industries, Inc. (FTK) rated Outperform by Bear Stearns

Posted on: Wednesday,  Feb 27, 2008  8:25 AM ET by Bear Stearns

Bear Stearns rated Outperform Flotek Industries, Inc. (NYSE: FTK) on 02/27/2008, when the stock price was $24.54. Since
then, Flotek Industries, Inc. has lost 26.04% as of 01/20/2016's recent price of $18.15.
If you would have followed this Bear Stearns's recommendation on FTK, you would have lost 26.03% of your investment in 2884 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.

The Bear Stearns Companies Inc. (NYSE: BSC) is the parent company of Bear, Stearns & Co. Inc., a leading global investment banking, securities trading and brokerage firm. Since 1923, we have helped corporations, institutions, governments and individuals reach their financial objectives. Clients have come to rely on the breadth of our expertise, our commitment to client service and our innovative approach to problem-solving. Talented professionals join Bear Stearns because of our unique corporate culture. Based on respect, integrity, meritocracy, innovation and a commitment to philanthropy, these guiding principles serve as blueprint for the way that we do business.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
2/27/2008 8:25 AM Buy
None
24.54
as of 12/24/2008
1 Week down  -21.16 %
1 Month up  27.81 %
3 Months down  -30.76 %
1 YTD down  -89.95 %

(*) Stock Price at the time of the recommendation.
RSS Feed | |  Facebook |  Twitter |  Google Plus
Home | Terms of Use | Advertise | FAQ | Support Page | Contact Us | About Us | Privacy Policy