Large Inflow of Money Detected in Houghton Mifflin Harcourt Company

Houghton Mifflin Harcourt Company (HMHC) : Tuesdays money flow points at investors jumping to buy the stock on the weakness of price. $6.16 million worth of transactions were on upticks, whereas, the downticks accounted for $0.59 million worth of transactions. The net money flow was a positive $5.57 million and the uptick to downtick ratio was 10.5. However, the block trades showed a clear dominance of the bulls with a very healthy ratio of 34.36 in their favor. The net money flow into the stock was $5.51 million. The value of block trades done on downticks was only $0.17 million. The lack of interest in trading on downticks shows that the investors dont want to sell their holdings. The upticks accounted for $5.67 million of the total block trades, indicating continued buying interest on weakness, which bodes well for the future of the stock. Houghton Mifflin Harcourt Company (HMHC) was trading at $15.83, down $0.03 during day. The stock slid -0.16% over the previous days close. For the week, the stock recorded 0.54% over the previous weeks close.


Also, Equity Analysts at the Brokerage Firm, Citigroup, maintains their rating on the shares of Houghton Mifflin Harcourt Company (NASDAQ:HMHC). Citigroup has a Buy rating on the shares. As per the latest research report, the brokerage house lowers the price target to $23 per share from a prior target of $29. The rating by the firm was issued on August 17, 2016.

Shares of Houghton Mifflin Harcourt Company appreciated by 3.51% during the last five trading days but lost 8.29% on a 4-week basis. Houghton Mifflin Harcourt Company has dropped 7.49% during the last 3-month period . Year-to-Date the stock performance stands at -26.81%.

Houghton Mifflin Harcourt Company (NASDAQ:HMHC): During Tuesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $15.79 and $15.77 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $15.99. The buying momentum continued till the end and the stock did not give up its gains. It closed at $15.94, notching a gain of 0.57% for the day. The total traded volume was 768,246 . The stock had closed at $15.85 on the previous day.

In a related news, The Securities and Exchange Commission has divulged that Dragoon John, officer (See remarks.) of Houghton Mifflin Harcourt Co, had unloaded 25,000 shares at an average price of $20.41 in a transaction dated on May 2, 2016. The total value of the transaction was worth $510,250.

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.

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