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Solazyme Inc. Breaks Above 200-Day Moving Average - Bullish for SZYM
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Flotek Industries Inc (FTK) Shares Cross Above 200 DMA

By Market News Video Staff, Tuesday, August 30, 11:29 AM ET
Play Video: Learn About The 200 DMA


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In trading on Tuesday, shares of Flotek Industries Inc (NYSE:FTK) crossed above their 200 day moving average of $7.07, changing hands as high as $7.15 per share. Flotek Industries Inc shares are currently trading off about 0.3% on the day. The chart below shows the one year performance of FTK shares, versus its 200 day moving average:

Flotek Industries Inc 200 Day Moving Average Chart

Looking at the chart above, FTK's low point in its 52 week range is $1.34 per share, with $10.77 as the 52 week high point that compares with a last trade of $7.00.

FTK operates in the Specialty Chemicals sector, among companies like LSB Industries, Inc. (NYSE:LXU) which is down about 1.1% today, and Solazyme Inc. (NASDAQ:SZYM) trading lower by about 0.6%. Below is a three month price history chart comparing the stock performance of FTK, versus LXU and SZYM.

FTK,LXU,SZYM Relative Performance Chart


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