Helios and Matheson Analytics Inc. – Nasdaq: HMNY
Helios and Matheson Analytics Inc. shares, traded on the Nasdaq under ticker HMNY, are up over 20% on heavy volumes. The New York-based company today announced that Theodore Farnsworth, Helios and Matheson Analytic’s Chairman of the Board, has been appointed as HMNY’s Chief Executive Officer. Farnsworth, founder of HMNY’s subsidiary, Zone Technologies, Inc., and creator of the RedZone Map smartphone app, is assuming the chief executive role of HMNY from Pat Krishnan, who is moving into the newly created position of Chief Innovation Officer.
As both Chairman and Chief Executive Officer, Farnsworth will lead the company’s strategic direction and all day-to-day operations. Mr. Krishnan will drive many technology-related functions of the company, including initiatives related to artificial intelligence and social listening. As Chief Innovation Officer, Mr. Krishnan will be assuming management of RedZone’s worldwide technology functions in the United States (Miami, New York and Silicon Valley), India and Israel.
Helios and Matheson Analytics is a global technology developer and provider. Their clients are typically businesses seeking a congruent strategy at the junction of Big Data, Analytics and Business insight.
Helios and Matheson Analytics shareholders experienced positive EPS from 2011 until 2013. However in the last two years, HMNY shares have experienced EPS losses of $0.08 and $0.91 respectively. Sales have retreated from their 2013 high of $13.3 million and last year Helios and Matheson Analytics reported sales of $9.7 million. No firms follow or rate HMNY shares.
I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 96 hours. All information, or data, is provided with no guarantees of accuracy.
|Last Price a/o 3:03 PM EST||$ 4.22|
|Market Cap||$16.3 million|
|Shares Outstanding||4.71 million|
|Share Float||1.12 million|
|Short Interest Ratio||0.59|