Houghton Mifflin Harcourt Company (HMHC) : Traders are bullish on Houghton Mifflin Harcourt Company (HMHC) as it has outperformed the S&P 500 by a wide margin of 4.71% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 1.27%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 1.78% in the last 1 week, and is up 4.57% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
The stock has recorded a 20-day Moving Average of 4.34% and the 50-Day Moving Average is 0.18%.The 200 Day SMA reached 11.47%. Houghton Mifflin Harcourt Company has dropped 8.72% during the last 3-month period . Year-to-Date the stock performance stands at -26.45%.
Houghton Mifflin Harcourt Company (NASDAQ:HMHC): After opening at $16.02, the stock dipped to an intraday low of $15.93 on Friday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $16.11 and the buying power remained strong till the end. The stock closed at $16.02 for the day, a gain of 0.50% for the day session. The total traded volume was 445,150. The stocks close on the previous trading day was $15.94.
Houghton Mifflin Harcourt Company (HMH) is a global learning company, specializing in education solutions across a variety of media. The Company operates in two segments: Education and Trade Publishing. Its Education segment provides educational products, technology platforms and services to meet the diverse needs of classrooms. Its Trade Publishing segment develops, markets and sells consumer books in print and digital formats and licenses book rights to other publishers and electronic businesses in the United States and abroad. It delivers content, services and technology to both educational institutions and consumers, in more than 150 countries across the world. In the United States, the Company is a provider of Kindergarten through 12th grade (K-12) educational content. Its content includes characters and titles such as Curious George, Carmen Sandiego, The Oregon Trail, The Little Prince, The Lord of the Rings, Life of Pi, Websters New World Dictionary and Cliffs Notes.