Houghton Mifflin Harcourt Company (NASDAQ:HMHC) : During the past 4 weeks, traders have been relatively bearish on Houghton Mifflin Harcourt Company (NASDAQ:HMHC), hence the stock is down -9.7% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -1.08% relative to the S&P 500. The stock has risen by 0.19% in the past week indicating that the buyers are active at lower levels, but the stock is down -8.24% in the past 4 weeks.
The company shares have dropped -38.56% from its 1 Year high price. On Jul 23, 2015, the shares registered one year high at $27.04 and the one year low was seen on Jun 27, 2016. The 50-Day Moving Average price is $16.55 and the 200 Day Moving Average price is recorded at $18.34.
The stock has recorded a 20-day Moving Average of 1.24% and the 50-Day Moving Average is 7.89%.
Houghton Mifflin Harcourt Company (NASDAQ:HMHC): stock turned positive on Friday. Though the stock opened at $15.76, the bulls momentum made the stock top out at $16.0199 level for the day. The stock recorded a low of $15.64 and closed the trading day at $15.92, in the green by 2.18%. The total traded volume for the day was 684,812. The stock had closed at $15.58 in the previous days trading.
In an insider trading activity, Dragoon John, officer (See remarks.) of Houghton Mifflin Harcourt Co, unloaded 25,000 shares at an average price of $20.41 on May 2, 2016. The total amount of the transaction was worth $510,250, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.
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.