Maxim Group reaffirmed their buy rating on shares of Helios and Matheson Analytics (NASDAQ:HMNY) in a research note released on Wednesday. Maxim Group currently has a $25.00 price objective on the information technology services provider’s stock.
“At the end of December, HMNY raised $60 million via an equity offering at $6.50 per share, which also includes one warrant.”,” the firm’s analyst wrote.
Helios and Matheson Analytics (NASDAQ HMNY) traded down $0.01 during midday trading on Wednesday, hitting $7.31. 2,920,600 shares of the company traded hands, compared to its average volume of 6,285,129. The firm has a market cap of $104.17, a price-to-earnings ratio of -1.59 and a beta of 0.24. Helios and Matheson Analytics has a twelve month low of $2.20 and a twelve month high of $38.86.
An institutional investor recently bought a new position in Helios and Matheson Analytics stock. Phoenix Investment Adviser LLC acquired a new stake in Helios and Matheson Analytics Inc (NASDAQ:HMNY) in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor acquired 46,000 shares of the information technology services provider’s stock, valued at approximately $584,000. Helios and Matheson Analytics comprises about 0.5% of Phoenix Investment Adviser LLC’s investment portfolio, making the stock its 29th largest holding. Phoenix Investment Adviser LLC owned about 0.48% of Helios and Matheson Analytics at the end of the most recent quarter. 1.36% of the stock is currently owned by institutional investors and hedge funds.
COPYRIGHT VIOLATION WARNING: This article was first published by Community Financial News and is owned by of Community Financial News. If you are reading this article on another publication, it was copied illegally and reposted in violation of US & international copyright & trademark laws. The legal version of this article can be viewed at https://www.com-unik.info/2018/01/07/maxim-group-reiterates-buy-rating-for-helios-and-matheson-analytics-hmny.html.
Helios and Matheson Analytics Company Profile
Helios and Matheson Analytics Inc is an information technology services company. The Company offers its clients a suite of services of predictive analytics with technology. The Company provides offerings in the areas of application value management, application development, integration, independent validation, infrastructure and information management, and analytics services.
What are top analysts saying about Helios and Matheson Analytics? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for Helios and Matheson Analytics and related companies.