Flotek Industries, Inc. (FTK) has disclosed a new risk, in the Share Price & Shareholder Rights category.
Flotek Industries, Inc. faces a significant risk due to the thin trading market for its common stock, which may lead to pronounced price volatility compared to the broader stock market. This limited liquidity implies that investors could struggle to sell large quantities of shares at prevailing prices, potentially impacting their ability to liquidate holdings efficiently. The small public float means that even minor trading volumes can disproportionately affect the stock’s price. Consequently, there is uncertainty regarding the development or maintenance of an active trading market for Flotek’s common stock, which may hinder investors’ ability to sell shares at desirable prices.
The average FTK stock price target is $10.00, implying 12.61% upside potential.
To learn more about Flotek Industries, Inc.’s risk factors, click here.