How to Buy Flotek Industries Stock
Flotek Industries Inc
Flotek Industries is a oil & gas equipment & service company located in Texas, United States, which is part of the Energy sector, and is traded under the ticker FTK on the NYSE exchange.
Flotek Industries stock last closed at $3.54, up 2.61% from the previous day, and has decreased 20.59% in one year. It has underperformed other stocks in the Oil & Gas Equipment & Services industry by 0.38 percentage points. Flotek Industries stock is currently +33.99% from its 52-week low of $2.64, and -37.89% from its 52-week high of $5.70.
There are currently 29.66M shares of FTK outstanding. The market value of FTK is $105.01M. In the last 24 hours, 23,083 FTK shares were traded.
How to Buy Flotek Industries Stock
Not sure how to invest in Flotek Industries stock? Here's how.
- Figure out where to buy Flotek Industries stock: You need to pick a stock brokerage, but don't worry - we've tried dozens of online brokerages and apps to help you choose where to buy Flotek Industries stock.
- Sign up for your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
- Deposit funds into your brokerage account: Choose your payment method and add your information.
- Analyze Flotek Industries stock: The Flotek Industries ticker symbol is FTK. Is Flotek Industries stock a good investment? Should you buy shares of FTK? How do FTK's underlying business fundamentals look? Do top analysts think Flotek Industries is a good buy? Why has FTK's stock price moved recently? (Hint: Our stock research website can help you understand if FTK is a good stock to buy).
- Make your FTK purchase: Decide if you will purchase FTK shares at the current market price or use a limit order to buy FTK stock at a given price.
- Watch your investment in FTK: Create a watchlist to important updates regarding your investment in Flotek Industries stock.
Step 1: Figure out where to buy Flotek Industries stock
You need an online brokerage account in order to access the NYSE market and buy FTK stock.
Our preferred brokerage: eToro
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Open eToro AccountStep 2: Sign up for your brokerage account
Now that you've chosen the right brokerage, the next step is to fill out some personal details so you can invest in FTK today.
How to Start a New Brokerage Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Input your personal info to create your new trading account.
- Send your application by hitting the "Create Account" button. Get started with eToro today
Step 3: Deposit funds into your brokerage account
Now that you've finished signing up on our top ranked stock trading app, you can securely and quickly fund your account:
Watch this video walkthrough if you need help depositing funds into your brokerage account.
Step 4: Analyze Flotek Industries stock
After you have selected the best place to buy Flotek Industries stock, it's very important to research their stock before you buy, so you can comprehend the risk as well as the opportunity.
Flotek Industries quick stats
Flotek Industries Zen Score
WallStreetZen was designed to help everyday investors perform more in-depth fundamental analysis in minutes instead of hours.
You can view all of the due diligence checks on FTK's stock page.
Is FTK stock undervalued?
Investors use a variety of different financial metrics, analyses, models, and charts to gauge FTK's fair value.
Using relative valuations ratios:
- FTK may be undervalued based on its P/E ratio of 3.54x, relative to Oil & Gas Equipment & Services industry P/E ratio of 27.37x
- FTK could be undervalued based on its P/B ratio of 1.03x, relative to Oil & Gas Equipment & Services industry P/B ratio of 2.71x
You can do more valuation research on FTK's stock here.
FTK Financials at a glance
Signs that FTK is financially healthy:
- There are more short-term assets than long-term liabilities on the FTK balance sheet.
- FTK profit margin has gone up from -31.1% to 13.1% in the past year.
- FTK has $5.95M in cash and short term investments. This is sufficient to cover its annual cash burn of $12.31M.
- There are more short-term assets than short-term liabilities on the FTK balance sheet.
Signs that FTK is not financially healthy:
- FTK has cash burn of 12311000. It does not have sufficient cash and short-term investments to cover this.
- Total FTK debt is higher than 5 years ago, relative to shareholder equity.
- FTK has a relatively high debt to equity ratio of 0.55.
Metrics for Advanced FTK Traders
FTK Revenue
Last year, FTK revenue was $188.06M. During the last 5 year, FTK's revenue has gone up by 1.13% per year. This was slower than the Oil & Gas Equipment & Services industry average of 7.89%.
Dive into FTK's earnings and revenue performance here.
Who is buying/selling FTK?
Over the last year, executives and large shareholders at FTK have bought more shares than they have sold.
Ryan Gillis Ezell, CEO of FTK, was the latest FTK insider to sell. They sold $3,986.91 worth of FTK stock on Mar 8, 2024.
Learn more about who owns FTK shares here.
Does FTK provide a stable income stream?
No, Flotek Industries doesn't provide an income stream by paying out dividends.
FTK Social Trading Data
One of the major reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to learn what other community members have to say.
Step 5: Make your FTK purchase
There are two primary types of orders:
- Market order: A market order is an order to buy or sell a security at the best possible price.
Market orders are usually the easiest way to buy. - Limit order: A limit order is an order to buy or sell a stock at a specific price (or better).
If you want to be certain you're buying or selling at an exact price limit, use a limit order.
Press the Open button and eToro will place your order.
If you want additional info about buying stocks on eToro, click the how to video below:
Step 6: Watch your investment in FTK
Now that you own some FTK stock, you'll want to stay up-to-date on your new shares.
Make a watchlist to keep track of your FTK stock.
FTK Feed
How to Buy Stock in Flotek Industries
To summarize, here are the 6 steps to buy stock in Flotek Industries:
- Figure out where to buy Flotek Industries stock
- Sign up for your brokerage account
- Deposit funds into your brokerage account
- Analyze Flotek Industries stock
- Make your FTK purchase
- Watch your investment in FTK
If you require a online brokerage, eToro is our favorite venue.
Get Started with eToro TodayIf you want to keep track of your new investment in Flotek Industries, get started below.
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