Helios and Matheson Analytics, Nasdaq: HMNY
Shares of Helios and Matheson Analytics are up over 10% on large volumes. Earlier in the trading day, shares of HMNY had reached $5.86 – up over 40% from Friday’s close. This morning the company issued a press release stating that Helios and Matheson Analytics Inc. Dr. E.G. Rajan, esteemed professor and research scientist, will be joining the organization as founding member and Chairman of its Science & Technology Development Board.
From the Helios and Matheson press release:
As Founder and President of the Pentagram Research Centre in Hyderabad, India, Dr. Rajan was presented the Gold Medal for his lifetime achievement in Teaching, Research and Industrial Development by former Indian President, Dr. APJ Abdul Kalam, in 2015. HMNY and Zone expect Dr. Rajan’s groundbreaking research in the fields of artificial intelligence and machine learning and his current impact on the field of computer vision to significantly enhance the functionality and reach of RedZone Map, merging RedZone Map’s currently available real time crime data reporting and safer navigation features with data science and technology.
Founded in 1983 and based in New York City and Bangalore, India, Helios and Matheson is a global information technology provider that services Fortune 500 clients. HMNY is not covered by any analysts and no price targets are available. However it may be important to note that both EPS and Sales figures were at their lowest points in 2015 since their highs in 2012 and 2013, respectively. Readers may wish to note that HMNY has a high level of insider ownership.
I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 96 hours. All information, or data, is provided with no guarantees of accuracy.
|Last Price a/o 12:22 AM EST||$ 4.83|
|Market Cap||$19.9 million|
|Shares Outstanding||4.78 million|
|Share Float||0.98 million|
|Short Interest Ratio||0.56|