Flotek Industries (FTK) Is Up 0.60% in One Week: What You Should Know

Company Overview - Flotek Industries (FTK) currently holds a Momentum Style Score of A, indicating strong momentum characteristics [2] - The company has a Zacks Rank of 2 (Buy), suggesting a favorable outlook compared to the market [3] Price Performance - FTK shares have increased by 0.6% over the past week, while the Zacks Oil and Gas - Field Services industry has declined by 2.11% during the same period [5] - Over the past quarter, FTK shares have risen by 62.09%, and they are up 74.25% over the last year, significantly outperforming the S&P 500, which has moved 13.08% and 38.58% respectively [6] Trading Volume - FTK's average 20-day trading volume is 112,773 shares, which serves as a price-to-volume baseline for assessing momentum [7] Earnings Outlook - In the past two months, one earnings estimate for FTK has increased, while none have decreased, raising the consensus estimate from $0.27 to$0.29 [9] - For the next fiscal year, one estimate has moved upwards with no downward revisions, indicating positive earnings momentum [9]