LONDON, UK / ACCESSWIRE / June 16, 2016 / ActiveWallSt.com announces its coverage of market signals with highlight on these Top Gainers from yesterday’s session: Helios and Matheson Analytics Inc. (NASDAQ: HMNY), MGT Capital Investments Inc. (NYSE MKT: MGT), and Patriot National Inc. (NYSE: PN). Register with us now for your free membership and get more on our signal alerts at:
http://www.activewallst.com/register/
Stock Market Performance
U.S Stock markets fell for a fifth consecutive day on Wednesday, June 16, 06, 2016 as investors remained concerned on whether the U.K. will remain in the European Union after next week's referendum, setting aside the Federal Reserve's interest rate decision to keep the interest rates unchanged at their current level of 0.25% to 0.50%. The Dow Jones industrial average declined 34.65 points, or 0.2%, closing at 17,640.17. The S&P 500 index fell 3.82 points, or 0.18%, finishing the trading session at 2,071.50 and the NASDAQ composite lose 8.62 points, or 0.18%, ending the day at 4,834.93.
Today, ActiveWallSt.com is promoting its market signals coverage with emphasis on HMNY, MGT, and PN. Get all of our reports for free by signing up to http://www.activewallst.com/register/.
Here we take a look at some of the top gainers for the day:
Top Gainers - Helios and Matheson Analytics
On Wednesday June 15, 2016, shares of Helios and Matheson Analytics Inc. surged $3.38, or up 34.18%, closing the day at $13.27. Helios opened the trading session at $9.90, soaring to an intraday high of $14.42 before pulling back to $13.27. A total of close to 2.17 million shares traded hands as compared to the three month average volume of 699,720. Shares of Helios have soared since June, 06, 2016, when the data analytics company announced its decision to merge with privately held Zone Technologies Inc., a developer of the RedZone app which is a real-time crime and navigation map application. Helios shares have surged 854.68% and 890.30% since the beginning of the year and in the past quarter, respectively.
Top Gainers - MGT Capital Investments
On Wednesday, June 15, 2016, MGT Capital Investments, Inc.'s shares jumped 27.60% finishing the trading session at $3.19. A total of 20,727,732 shares changed hands as compared to the three month average volume of 9.29 million. The company announced on Friday, June 10, 2016, that it has added Bruce Fenton, the current Executive Director of the Bitcoin Foundation to its Cryptocurrency Advisory Board. MGT Capital has been on a record breaking since May 2016, when it announced that it was acquiring some of the assets of D-Vasive, a cyber-security firm backed by John McAfee. The acquisition is a reverse merger and MGT Capital plans to rename itself John McAfee Global Technologies, Inc. once the acquisition is completed. MGT Capital's stock soared 1229.17% in the past quarter, and it is up 1286.96% since the beginning of 2016.
Top Gainers - Patriot National
Shares of Patriot National Inc. gained $1.83, or 26.45%, to close Wednesday, June 15, 2016 trading session at $8.75. A total of 1,063,138 shares changed hands as compared to the three month average volume of 208,860 shares. Shares of Patriot surged after Ebix Inc. (NASDAQ: EBIX) announced that it plans to acquire Patriot National, which provides technology-enabled outsourcing solutions within the workers' compensation marketplace for insurance carriers, local governments, reinsurance captives, and other employers in the United States, for $9.50 per share, or approximately $254.9 million, a 37% premium to Patriot National's closing price on Tuesday, June 14, 2016. Patriot National's shares have gained 6.97% in the past one month and are up 30.40% since the beginning of the year.
Active Wall Street:
Active Wall Street (AWS) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and micro-cap stocks. AWS has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below.
AWS has not been compensated; directly or indirectly; for producing or publishing this document.
PRESS RELEASE PROCEDURES:
The non-sponsored content contained herein has been prepared by a writer (the "Author") and is fact checked and reviewed by a third party research service company (the "Reviewer") represented by a credentialed financial analyst [for further information on analyst credentials, please email info@activewallst.com. Rohit Tuli, a CFA® charterholder (the "Sponsor"), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by AWS. AWS is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.
NO WARRANTY
AWS, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. AWS, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, AWS, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.
NOT AN OFFERING
This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither AWS nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit http://www.activewallst.com/disclaimer/.
CONTACT
For any questions, inquiries, or comments reach out to us directly at:
Office Address: 3rd floor, 207 Regent Street, London, W1B 3HH, United Kingdom
Email: info@activewallst.com
Phone number: 1-858-257-3144
CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.
SOURCE: Active Wall Street
ReleaseID: 441253
