Home / Features / Active Momentum Stocks in New Buzz: inContact (NASDAQ:SAAS), Forum Energy Technologies (NYSE:FET), Foot Locker (NYSE:FL)

Active Momentum Stocks in New Buzz: inContact (NASDAQ:SAAS), Forum Energy Technologies (NYSE:FET), Foot Locker (NYSE:FL)

inContact, Inc. (NASDAQ:SAAS) [Trend Analysis] try to make new thrust in street and making different trends, stocks trading ended with 53.50% to $13.83. inContact, Inc. (SAAS) announced that it has signed a definitive contract to be takeover by NICE, the worldwide leading provider of software solutions that enable organizations to take the next best action in order to improve customer experience and business results, ensure compliance, fight financial crime, and safeguard people and assets.

Under the terms of the agreement, inContact stockholders will receive $14.00 per share in cash. The per share purchase price represents a 55% premium to the closing price on May 17, 2016, the last trading day prior to the announcement of the transaction, and a 49% premium to the 30 day volume weighted average price. The share price of SAAS attracts active investors, as stock price of week volatility recorded 3.46%. The stock is going forward to its 52-week low with 121.46% and lagging behind from its 52-week high price with 25.61%.

Forum Energy Technologies, Inc. (NYSE:FET) [Trend Analysis] attempts to attain leading position in street, Shares price changes as it -2.60% to close at $16.47 with the total traded volume of 780617 shares. Forum Energy Technologies, Inc. (FET) announced the promotion of Mr. Prady Iyyanki to the office of President and Chief Operating Officer. Mr. Iyyanki, age 45, has served as the Company’s Executive Vice President and Chief Operating Officer since January 2014.

Before joining Forum, he had 17 years of experience with General Electric managing various manufacturing businesses with global responsibilities. C. Christopher Gaut, Forum’s Chairman and Chief Executive Officer, said of the promotion, “Prady is a proven leader who has improved Forum’s operational execution and efficiency over the past two and a half years. I look forward to working even more closely with Prady as we position Forum for the future. I am confident Prady will do very well in his new role.” The firm has institutional ownership of 99.10%, while insider ownership included 2.30%. Its price to sales ratio ended at 1.74. FET attains analyst recommendation of 2.50 with week performance of 3.00%.

Foot Locker, Inc. (NYSE:FL) [Trend Analysis] moved down reacts as active mover, shares a decrease -2.54% to traded at $57.12 and the percentage gap between open changing to regular change was -1.21%. Foot Locker Inc. (FL) announced that its chief executive will take on the additional role of chairman. The shoe retailer said that CEO Richard Johnson will become chairman effective immediately, succeeding Nicholas DiPaolo, who has served as chairman for a year. The firm’s current ratio calculated as 3.70 for the most recent quarter. The firm past twelve months price to sales ratio was 1.08. As far as the returns are concern, the return on equity was recorded as 21.10% and return on investment was 20.30% while its return on asset stayed at 14.60%. The firm has total debt to equity ratio measured as 0.05.


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