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home / news releases / FTK - Flotek Industries: An Ill-Timed Acquisition Exacerbates Cash Burn In 2020

FTK - Flotek Industries: An Ill-Timed Acquisition Exacerbates Cash Burn In 2020

Flotek Industries Inc.
  • An ill-timed acquisition cost the company precious capital.
  • The company is squandering the cash hoard it got in the Florida Chemical sale last year.
  • We are not recommending the stock at present levels due to cash burn.

For further details see:

Flotek Industries: An Ill-Timed Acquisition Exacerbates Cash Burn In 2020
Stock Information
Company Name: Flotek Industries Inc.
Stock Symbol: FTK
Market: NYSE
Website: flotekind.com
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