Helios and Matheson Analytics Inc.’s (NASDAQ: HMNY) witnessed a loss of -5.64 percent in recent trading period with closing price of $ 0.02. The company’s last traded volume of 20.53 million shares was up it’s an average volume of 118.43 million shares. The stock as of last trading session moved 67.27 percent up from its 52 week low and was -100.00 percent behind its 52 week high.
Helios and Matheson Analytics Inc. (HMNY) (“HMNY”), a provider of information technology services and solutions, recently reported that its Board of Directors preliminarily has accepted a plan to create a vertically integrated film production, marketing and exhibition company. To do this, HMNY would create a new subsidiary named MoviePass Entertainment Holdings Inc. (“MoviePass Entertainment”) that would take ownership of the shares of MoviePass Inc. (“MoviePass”) and other film related assets held by HMNY.
“For many years, HMNY has been focused on data analytics, and in that capacity we own assets like Zone Technologies which provides a safety and navigation app for iOS and Android users and a global security concierge service. Since we purchased control of MoviePass in December 2017, HMNY largely has become synonymous with MoviePass in the public’s eye, leading us to believe that our shareholders and the market perception of HMNY might benefit from separating our movie-related assets from the rest of our company,” stated Ted Farnsworth, Chairman and Chief Executive Officer of HMNY.
To that end, HMNY is endeavoring to create MoviePass Entertainment Holdings as a separate publicly traded holding company that would contain the following four assets: (i) the shares of ordinary stock of MoviePass Inc. (“MoviePass”), the nation’s leading movie theater subscription service, held by HMNY, which presently comprise about 92 percent of the outstanding shares (not including options and warrants) of MoviePass, (ii) the membership interests of MoviePass Films LLC (“MoviePass Films”), HMNY’s movie production company partnered with Emmett Furla Oasis Films, held by HMNY, equal to 51 percent of the outstanding membership interests of MoviePass Films, (iii) the membership interests of MoviePass Ventures LLC (“MoviePass Ventures”), an acquirer and owner of economic interests in completed films, held by HMNY, equal to 100 percent of the outstanding membership interests of MoviePass Ventures, and (iv) Moviefone™, a multimedia media information and advertising service.
The stock price switched up -0.92 percent 20-Days Simple Moving Average, dropped -14.03 percent from 50-Days Simple Moving Average and fell -100.00 percent from 200 Days Simple Moving Average. The company price to cash ratio of 1.73. Beta factor, which measures the riskiness of the security, was registered at 1.19. EPS growth for this year is 94.00 percent and EPS growth for next year is expected to reach at 95.10 percent. EPS growth in past five years was -4.44 percent. Sales growth past 5 years was measured at -3.30 percent.
The Company has 1376.47 million shares outstanding and 1355.98 million shares were floated in market. The short ratio in the company’s stock is documented at 0.57 and the short float is around of 4.94 percent. The average true range of the stock is observed at 0.01 and the relative strength index of the stock is recorded at 49.56.
Analyst recommendation for this stock stands at 3.00.The volatility in the previous week has experienced by 24.10 percent and observed of 40.86 percent in the previous month.0.02 percent ownership is held by institutional investors while insiders hold ownership of 0.16 percent.
In the liquidity ratio analysis; quick ratio for most recent quarter was 0.40 while current ratio for time period was 0.40. In most recent quarter, LT Debt/Equity ratio was listed at 0.01 and Total Debt/Equity ratio was noted at 0.01.
Looking about the past performance history, the company jumped 1.04 percent in past week and climbed 10.17 percent in one month. During the past three month period the stock dropped -99.82 percent and decreased -100.00 percent in past six month. During the twelve month it lost -100.00 percent and year to date performance of -100.00 percent.