Media coverage about Flotek Industries (NYSE:FTK) has trended somewhat positive on Thursday, Accern reports. Accern rates the sentiment of media coverage by monitoring more than 20 million news and blog sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Flotek Industries earned a coverage optimism score of 0.13 on Accern’s scale. Accern also assigned headlines about the oil and gas company an impact score of 47.5987602278167 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.

These are some of the headlines that may have impacted Accern’s scoring:

Flotek Industries (NYSE:FTK) opened at $5.74 on Thursday. The firm has a market capitalization of $317.66, a P/E ratio of -12.21 and a beta of 1.77. Flotek Industries has a 52 week low of $4.14 and a 52 week high of $14.51.

Flotek Industries (NYSE:FTK) last announced its earnings results on Tuesday, February 20th. The oil and gas company reported $0.00 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.03) by $0.03. The business had revenue of $72.50 million during the quarter, compared to the consensus estimate of $72.85 million. Flotek Industries had a negative return on equity of 0.21% and a negative net margin of 8.64%. The business’s quarterly revenue was up 2.7% on a year-over-year basis. During the same period in the prior year, the company posted $0.07 EPS. research analysts predict that Flotek Industries will post 0.31 EPS for the current year.

Separately, Zacks Investment Research raised Flotek Industries from a “strong sell” rating to a “hold” rating in a research note on Tuesday, January 9th.

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About Flotek Industries

Flotek Industries, Inc is a technology-driven company. The Company develops and supplies chemistry and services to the oil and gas industries, and compounds to companies that make cleaning products, cosmetics, food and beverages, and other products that are sold in consumer and industrial markets. The Company operates through two segments: Energy Chemistry Technologies (ECT), and Consumer and Industrial Chemistry Technologies (CICT).

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