Reuters Article Propels Helios and Matheson Analytics Inc (NASDAQ:HMNY)

Helios and Matheson Analytics Inc (NASDAQ:HMNY)

Helios and Matheson Analytics Inc (NASDAQ:HMNY) stock has been covered by StockNewsUnion.com nine times since December of 2016 and the company is now being covered by financial news giant Reuters. In an article published today. Reuters raised the possibility that Helios and Matheson Analytics Inc (NASDAQ:HMNY) could be a billion dollar company – tapping into a business model similar to Netflix. The news article has sent the stock screaming higher.

Helios and Matheson Analytics Inc (NASDAQ:HMNY)

Helios and Matheson Business Model

Today the stock opened strong and HMNY stock is up over 20% this morning on heavy volumes. Over the past month HMNY shares have increased over 10-fold. According to the Reuters article “The ticketing service, led by Netflix co-founder Mitch Lowe, is seeking to spur the sort of revolution for the movie business that Ryanair did for airlines or Netflix did for streaming. The alliance between the two firms dates exactly to the moment earlier this year when MoviePass slashed all its variable subscription fees in favor of a single $9.95 model, allowing unlimited access to more than 90 percent of U.S. theaters. In the month that followed, the company’s subscriber numbers rose to over 400,000 from less than 20,000.”

On September 18, 2017 StockNewsUnion reported that Helios and Matheson Analytics Inc. (NASDAQ:HMNY) was a big mover after its latest acquisition, MoviePass Inc., announced it had surpassed 400,000 paying monthly subscribers over the last 30 days. The stock rallied 39.54% to end that week’s trading session at a high of $3.67 a share. At the time of the article, Mitch Lowe, co-founder of Netflix Inc. (NFLX), former president of RedBox, and current CEO of MoviePass said in a press release, “MoviePass is the ‘all-you-can-eat’ movie theater experience. Though expensive for the company in the short-term, it’s a significant benefit and more convenient for customers. With MoviePass, there’s no movie ticket prices to think about — going to the movies will become an everyday experience rather than an occasional treat.”

HMNY Stock Performance

Clearly investors are in love with Helios and Matheson Analytics Inc (NASDAQ:HMNY). Well above their 52-week low of $2.20, HMNY shares have a Relative Strength Index (RSI) figure exceeding 97. This is a figure that unquestionably signifies “rare air” in trading circles. Traders would agree that an RSI level of 80 is a clear “overbought” signal.

I have no positions in any of the stocks mentioned, and have no plans to initiate any positions within the next 72 hours. All information, including any data, is provided without any guarantees of accuracy.

Don’t miss out! Stay informed on $HMNY and receive breaking news on other hot stocks by signing up for our free newsletter!

About the author: Marc has a degree in economics and a MSc. in Finance. Over his 20-year career, Marc has worked for global investment firms in Europe and the United States as an analyst, fund manager, and consultant.

Helios and Matheson Analytics Inc. (NASDAQ:HMNY) Keeps Rising

Helios and Matheson Analytics Inc. (NASDAQ:HMNY)

Helios and Matheson Analytics Inc. (NASDAQ:HMNY) traded higher in Monday’s trading session as investors continue to take note of the company’s latest acquisition, MoviePass. The stock was up by 33.9% on viral subscriber growth.

HMNY Stock Performance

HMNY is up by more than 400% for the year, investor confidence on the stock having been strengthened by the acquisition of a majority stake in MoviePass. The stock is currently trading at multi-year highs as it closes in on its 52-week high of $23.49 a share.

Helios and Matheson Analytics Inc. (NASDAQ:HMNY)

The stock’s impressive performance has to do with a milestone that MoviePass has achieved in recent weeks. The technology company has surpassed 400,000 paying monthly subscribers over the past month – up from less than 20,000 in August.

MoviePass Subscriber Growth

The robust subscriber growth has mostly come from an innovative technology that learns subscriber’s tastes and makes recommendations. Reduction of the monthly subscription to $9.95 also had a positive impact.

A survey on MoviePass subscribers shows that most of them decided to start watching movies in theaters because of the MoviePass subscription service. The company expects its subscription base to grow to 2.5 million paying subscribers over the next 12 months.

A decision by Netflix, Inc. (NASDAQ:NFLX) to increase the prices of its subscription plans has also been a blessing in disguise for the Helios and Matheson Analytics subsidiary. The price increase has essentially made MoviePass offerings relatively cheap, thereby bolstering subscriber’s and investor’s excitement.

MoviePass is the ‘all-you-can-eat’ movie theater experience. Though expensive for the company in the short-term, it’s a significant benefit and more convenient for customers. With MoviePass, there’s no movie ticket prices to think about — going to the movies will become an everyday experience rather than an occasional treat,” said MoviePass CEO Mitch Lowe.

In a bid to attract more subscribers and a keep studios happy, Helios and Matheson Analytics Inc. (NASDAQ:HMNY) has started to use artificial intelligence and algorithms to provide studios with precise data for effective advertising. Movie theaters have already reported a 400% increase in attendance attributable to MoviePass.

I have no positions in any of the stocks mentioned, and have no plans to initiate any positions within the next 72 hours. All information, including any data, is provided without any guarantees of accuracy.

Don’t miss out! Stay informed on $HMNY and receive breaking news on other hot stocks by signing up for our free newsletter!

About the author: Marc has a degree in economics and a MSc. in Finance. Over his 20-year career, Marc has worked for global investment firms in Europe and the United States as an analyst, fund manager, and consultant.

Will Helios and Matheson Analytics Inc (NASDAQ:HMNY) Grab Movie Magic?

Helios and Matheson Analytics Inc (NASDAQ:HMNY)

Helios and Matheson Analytics Inc (NASDAQ:HMNY) gapped up to open on Tuesday morning, reached above $3.80, then retreated throughout the day and into today’s session to trade in a tight range around $2.60. Volume has been heavy – almost double the stock’s daily average.

Helios and Matheson Analytics Inc (NASDAQ:HMNY)
One month stock price chart for HMNY

The market is responding to the company’s announcement that it has bought a 51% majority stake in MoviePass, a subscription-based service for movie theaters led by former Netflix executive and co-founder Mitch Lowe. Helios and Matheson Analytics Inc (NASDAQ:HMNY) paid $27 million for the equity.

The two New York city-based companies simultaneously launched a monthly subscription service with a price-point at $9.95. The subscription entitles the subscriber entry into one movie every 24 hours at any of the participating 3,700 U.S. movie theaters. Prior to the deal, subscription plans from MoviePass ranged anywhere from $14 to $50 per month.

Lowe served as the vice president of business development and strategic alliances for Netflix, from 1998 to 2003. He also held executive positions at RedBox Automated Retail LLC from 2005 to 2011, including, for four years, as the company’s CEO. In June of 2016, Lowe was installed as CEO at MoviePass.

The subscription plan is one facet of the company’s strategy to increase movie attendance which has been trending downwards along with the popularity of shopping malls. Enticement include reserved seating, pre-ordering drinks and food, and free large-screen viewing of popular TV shows throughout the day. The new approach was designed to broaden the demographics of movie attendees. Currently over 70% of movie theater viewers are millennials. By offering a more upscale service, Helios and Matheson Analytics Inc (NASDAQ:HMNY) hope to attract a more mature consumer.

One year ago Helios and Matheson Analytics Inc (NASDAQ:HMNY) stock was trading above $13. For the past few months HMNY shares have been trading between $2 and $3. YTD the stock is down only 10% but for the year HMNY shares are down over 67%. Interested investors or traders should note that 15% of the stock’s float is held by short-sellers.

I have no positions in any of the stocks mentioned, and have no plans to initiate any positions within the next 72 hours. All information, including any data, is provided without any guarantees of accuracy.

Don’t miss out! Stay informed on $HMNY and receive breaking news on other hot stocks by signing up for our free newsletter!

About the author: Steve Clark is a 23-year Wall St professional with stints in M&A, risk management, and algorithm trading. Steve keeps his head in the game by looking for, and writing about, small companies that often get overlooked by the big investment firms.