Houghton Mifflin Harcourt Company (HMHC) : During the past 4 weeks, traders have been relatively bearish on Houghton Mifflin Harcourt Company (HMHC), hence the stock is down -13.64% 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 -3.97% relative to the S&P 500. The 4-week change in the price of the stock is -12.75% and the stock has fallen -3.92% in the past 1 week.
The stock has recorded a 20-day Moving Average of 10.56% and the 50-Day Moving Average is 10.41%. Houghton Mifflin Harcourt Company (NASDAQ:HMHC): On Fridays trading session , Opening price of the stock was $14.69 with an intraday high of $14.76. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $14.45. However, the stock managed to close at $14.72, a loss of 0.07% for the day. On the previous day, the stock had closed at $14.73. The total traded volume of the day was 843,900 shares.
The company Insiders own 3.4% of Houghton Mifflin Harcourt Company shares according to the proxy statements. During last six month period, the net percent change held by insiders has seen a change of -5%. Also, In the latest statement by the brokerage house, BMO Capital downgrades its outlook on Houghton Mifflin Harcourt Company (NASDAQ:HMHC). The current rating of the shares is Market Perform, according to the research report released by the firm. Previously, the company had a rating of Outperform. The rating by the firm was issued on August 5, 2016.
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.