Helios and Matheson Analytics (HMNY) Shares Gap Down to $0.34

Helios and Matheson Analytics Inc (NASDAQ:HMNY) gapped down before the market opened on Thursday . The stock had previously closed at $0.32, but opened at $0.34. Helios and Matheson Analytics shares last traded at $0.39, with a volume of 430259 shares.

HMNY has been the topic of several recent analyst reports. Canaccord Genuity initiated coverage on Helios and Matheson Analytics in a report on Thursday, February 22nd. They set a “buy” rating on the stock. Maxim Group reissued a “buy” rating and set a $12.00 target price on shares of Helios and Matheson Analytics in a report on Wednesday, April 25th.

The company has a current ratio of 0.39, a quick ratio of 0.39 and a debt-to-equity ratio of -0.23.

Helios and Matheson Analytics (NASDAQ:HMNY) last posted its quarterly earnings results on Wednesday, May 16th. The information technology services provider reported ($1.23) earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of ($3.08) by $1.85. The firm had revenue of $49.44 million for the quarter. Helios and Matheson Analytics had a negative net margin of 229.45% and a negative return on equity of 2,850.78%.

A number of institutional investors have recently bought and sold shares of the business. Virtu Financial LLC acquired a new position in Helios and Matheson Analytics in the fourth quarter worth approximately $155,000. Two Sigma Advisers LP acquired a new position in Helios and Matheson Analytics in the fourth quarter worth approximately $179,000. Geode Capital Management LLC acquired a new position in Helios and Matheson Analytics in the fourth quarter worth approximately $431,000. Hudson Bay Capital Management LP acquired a new position in Helios and Matheson Analytics in the fourth quarter worth approximately $674,000. Finally, A.R.T. Advisors LLC acquired a new position in Helios and Matheson Analytics in the first quarter worth approximately $346,000. Hedge funds and other institutional investors own 8.08% of the company’s stock.

Helios and Matheson Analytics Company Profile

Helios and Matheson Analytics Inc provides a range of information technology (IT) consulting solutions, custom application development, and analytics services to Fortune 1000 companies and other organizations in the United States. Its services include application value management, application development, integration, independent validation, infrastructure, information management, and analytics services.

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