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Hot Stocks In Momentum: ServiceNow, Inc. (NYSE:NOW), Flotek Industries Inc. (NYSE:FTK), LaSalle Hotel Properties (NYSE:LHO)

Hot Stocks In Momentum: ServiceNow, Inc. (NYSE:NOW), Flotek Industries Inc. (NYSE:FTK), LaSalle Hotel Properties (NYSE:LHO)
Written by
Ryan Mitchell
Published on
October 23, 2014
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ServiceNow, Inc. (NYSE:NOW) released that its third quarter earnings of $0.03 a share, $0.02 improved than the Capital IQ Consensus anticipates of $0.01. Billings were $200.7M, a 7% rose compared to the $187.1M released in the previous quarter and a 58% surged compared to the $127.0 million reported for the same period last year. Shares of ServiceNow, Inc. (NYSE:NOW) traded at $58.07 by moving down -3.98% with price volatility of 4.42% for a week and 4.09% for a month.Flotek Industries Inc. (NYSE:FTK) declared that its third quarter of earnings of $0.26 a share, $0.03 improved than the Capital IQ Consensus anticipates of $0.23. The firm's net income benefited by ~$0.9 million related to the tax treatment of certain deferred tax liabilities and other benefits related to the 2013 acquisition of Florida Chemical. Flotek Industries Inc. (NYSE:FTK) stock has highest price of $22.46 in previous session, beginning with a price of $22.07 as well as reported a loss of -2.22% to the closed at $21.57 with a day range of $21.43-$22.46. The stock is going forward its 52-week low with 16.53% and moving down from its 52 week high price with -34.48%.LaSalle Hotel Properties (NYSE:LHO) released its third quarter funds from operations of $0.85 a share, excluding non-recurring items, $0.06 improved than the Capital IQ Consensus anticipates of $0.79; the firm revenues surged 14.1% year/year to $308M as compared to the $297.89M consensus. The firm declared in-line outlook for Q4, sees FFO of $0.57-0.61, excluding non-recurring items, as compared to $0.58 Capital IQ Consensus Estimate. LaSalle Hotel Properties (NYSE:LHO) stock hit highest price at $37.12, beginning with a price of $36.72 and reported an advance of 0.55% to the closed at $36.62 with a day range of $36.44-$37.12. The total market capitalization remained 3.811 Billion, total volume of 1.84 Million shares held in the session was surprisingly higher than its average volume of 755.56 shares.

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