Shares of Helios and Matheson Analytics (NASDAQ:HMNY) -- parent company of movie theater subscription service MoviePass -- were slammed on Monday, falling as much as 32.3%. At the time of this writing, the stock is down 29%.
The news comes after Helios and Matheson Analytics filed a universal shelf registration statement with the Securities and Exchange Commission (SEC) that may allow the company to raise capital through debt or equity over the next three years.
Image source: Getty Images.
So whatHelios and Matheson notes that the shelf registration statement would enable the company to "offer and sell, from time to time, up to $1.2 billion of a variety of its equity and debt securities over a period of three years." But the registration statement will have to be declared effective by the SEC first.
Any capital raised would provide the company with greater financial flexibility, Helios and Matheson said in a press release about the registration statement. The flexibility could help finance growth of Helios and Matheson's 92%-owned MoviePass Inc., as well as its movie investment and original-content production subsidiaries and its media content advertising platform.
Top Low Price Stocks To Buy For 2022: Energy Focus, Inc.(EFOI)
Energy Focus, Inc., incorporated on May 2, 2007, along with its subsidiaries is engaged in the design, development, manufacturing, marketing, installation and sale of lighting systems. The Company is engaged in developing and selling of light-emitting diode (LED) lighting products for military maritime market, and general commercial and industrial markets.
The Company produces, sources and/or markets a range of lighting technologies to serve its primary end markets. The Company offers military maritime products, including Military Intellitube, military globe lights and military berth light to serve the United States navy and allied foreign navies. The Company offers commercial products, including direct-wire tubular LED (TLED) replacements for linear fluorescent lamps, LED dock lights, vapor tight lighting, low-bay and high-bay lighting for high-intensity discharge (HID) applications and LED retrofit kits to serve commercial and industrial markets. The Company produces its lighting products and systems through a combination of internal manufacturing and assembly at its Solon, Ohio facility, and sourced finished goods. Its internal lighting system manufacturing consists primarily of final assembly, testing, and quality control.
The Company competes with Royal Philips, CREE, Inc., Osram Sylvania and GE, Inc.
Advisors' Opinion:- [By Max Byerly]
Shares of Energy Focus Inc (NASDAQ:EFOI) have been assigned an average recommendation of “Hold” from the six brokerages that are currently covering the company, MarketBeat Ratings reports. Two analysts have rated the stock with a sell rating, three have issued a hold rating and one has issued a buy rating on the company. The average 1-year price objective among analysts that have updated their coverage on the stock in the last year is $4.00.
- [By Joseph Griffin]
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Top Low Price Stocks To Buy For 2022: Caterpillar, Inc.(CAT)
Originally organized as Caterpillar Tractor Co. in 1925 in the State of California, our company was reorganized as Caterpillar Inc. in 1986 in the State of Delaware. As used herein, the term "Caterpillar," "we," "us," "our" or "the company" refers to Caterpillar Inc. and its subsidiaries unless designated or identified otherwise. Overview With 2015 sales and revenues of $47.011 billion, Caterpillar is the world's leading manufacturer of construction and mining equipment, diesel and natural gas engines, industrial gas turbines and diesel-electric locomotives. The company principally operates through its three product segments - Construction Industries, Resource Industries and Energy & Transportation - and also provides financing and related services through its Financial Products segment. Caterpillar is also a leading U.S. exporter. Advisors' Opinion:
- [By ]
So the next time you're considering John Deere versus Caterpillar (CAT) - Get Report, Cramer said to look beyond just which one is cheaper. Look at what the company does and what its future will be.
- [By Shane Hupp]
Traders bought shares of Caterpillar Inc. (NYSE:CAT) on weakness during trading on Monday. $145.69 million flowed into the stock on the tick-up and $98.61 million flowed out of the stock on the tick-down, for a money net flow of $47.08 million into the stock. Of all companies tracked, Caterpillar had the 16th highest net in-flow for the day. Caterpillar traded down ($0.95) for the day and closed at $140.25
- [By Garrett Baldwin] It's not all good news on the trade front. Shares of Caterpillar Inc. (NYSE: CAT) fell nearly 1% after the company received a downgrade from German financial giant Deutsche Bank AG (NYSE: DB). The bank slashed its price target for CAT stock from $152 to $128 on concerns that "synchronized global growth has collapsed, [and] the China Land Cycle is rolling over." The bank added that "Europe is slowing more than expected and the U.S. is oversaturated with construction equipment." Global growth concerns continue to accelerate and raise worries that the international economy is slipping into a recession. Central banks are tapped out on debt and have limited stimulus options. Brent crude prices pushed toward $70 per barrel. This is the fourth consecutive day of gains as markets continue to project a tightening balance between global supply and demand. U.S. WTI crude prices were moving toward $63 per barrel as cuts by OPEC, American sanctions against Iran and Venezuela, and reduced shipments to Asia support prices. However, oil could see a bit of pressure today after the American Petroleum Institute announced a surprise uptick in domestic crude inventories. The U.S. Department of Energy will release the official report on U.S. inventory levels later today. Stocks to Watch Today: GME, NFLX, PLAY Shares of GameStop Corp. (NYSE: GME) plunged more than 12.2% in pre-market hours after the retail firm fell well short of earnings expectations. The company offered a weak outlook, saying it doesn't anticipate an increase in sales this year. In fact, it expects sales to fall by 5% to 10% this year. The stock fell to its lowest level since 2005. The company is facing added pressure from Apple Inc. (NASDAQ: AAPL) and Alphabet Inc. (NASDAQ: GOOGL), two Silicon Valley giants that plan to launch their own video game streaming services in the future.
SIT THIS ONE OUT and you could miss an American economic revolution that could send three little pot stocks soaring up to 1
- [By Max Byerly]
Citizens Financial Group Inc RI decreased its holdings in shares of Caterpillar Inc. (NYSE:CAT) by 2.4% in the 4th quarter, Holdings Channel reports. The firm owned 59,696 shares of the industrial products company’s stock after selling 1,478 shares during the period. Citizens Financial Group Inc RI’s holdings in Caterpillar were worth $7,586,000 as of its most recent SEC filing.
Top Low Price Stocks To Buy For 2022: Avid Technology Inc.(AVID)
Avid Technology, Inc. provides digital media content-creation products and solutions for audio, film, video, broadcast professionals, artists, and creative enthusiasts in the Americas, the Asia-Pacific, Europe, the Middle East, and Africa. The company offers various software and hardware professional video-editing solutions, including Media Composer product line, which is used to edit television programs, commercials, and films; NewsCutter and iNews Instinct editors for news production; and Avid Symphony Nitris DX and Avid DS, which are used during the online or finishing stage of post production. It also provides Pinnacle Studio and Avid Studio, which provide consumers and entry-level videographers with the ability to create professional-looking videos; broadcast newsroom graphics, ingest, play-to-air, and automation device control solutions that assist broadcasters as they bring programs from concept to air; and Avid ISIS shared storage system to store, share and manage large quantities of digital media assets. In addition, Avid Technology, Inc. offers Pro Tools digital audio software and workstation solutions that facilitate the audio production process; a range of complementary open audio and video control surfaces and consoles; ICON system for tactile control of Pro Tools software and hardware; VENUE, a family of console products for mixing audio for live sound reinforcement. Further, the company provides Fast Track recording interface products to deliver audio quality plus hands-on controls; MIDI keyboards/controllers and digital pianos, which are used by musicians in the recording studio and for live performances; speakers for use with desktop computer systems and in studios; and Sibelius-branded software allows users to create, edit, and publish musical scores. Additionally, it also offers project management, installation, integration, planning, training, and support services. The company was founded in 1987 and is headquartered in Bu rlington, Massachusetts.
Advisors' Opinion:- [By Motley Fool Transcribers]
Avid Technology Inc (NASDAQ:AVID)Q4 2018 Earnings Conference CallMarch 14, 2019, 5:00 p.m. ET
Contents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks:Operator
- [By Shane Hupp]
Get a free copy of the Zacks research report on Avid Technology (AVID)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
- [By Stephan Byrd]
Get a free copy of the Zacks research report on Avid Technology (AVID)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
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