• Return to Headlines

Shares of Flotek Industries Rank the Highest in Terms of Beta in the Specialty Chemicals Industry (FTK, FOE, VHI, KWR, ROC)

Written on Mon, 11/28/2011 - 6:21am
By Amy Schwartz

Below are the three companies in the Specialty Chemicals industry with the highest betass. Higher-beta stocks mean greater volatility and are therefore generally considered to be riskier but also may provide the potential for higher returns.

Flotek Industries ranks highest with a a beta of 1.9. Ferro is next with a a beta of 1.9. Valhi ranks third highest with a a beta of 1.8.

Quaker Chemical follows with a a beta of 1.8, and Rockwood Holdings rounds out the top five with a a beta of 1.8.

SmarTrend recommended that subscribers consider buying shares of Flotek Industries on October 12th, 2011 as our technology indicated a new Uptrend was in progress when shares hit $5.79. Since that recommendation, shares of Flotek Industries have risen 39.7%. We continue to monitor Flotek Industries for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: highest beta flotek industries ferro valhi quaker chemical rockwood holdings

Ticker(s): FTK FOE VHI KWR ROC

Contact Amy Schwartz



Smartrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.mysmartrend.com.

Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at http://www.mysmartrend.com/morning-call-newsletter-signup.