Houghton Mifflin Harcourt Company (HMHC) Shares are Up 1.13%

Houghton Mifflin Harcourt Company (HMHC) has been under a strong bear grip, hence the stock is down -15.84% when compared to the S&P 500 in the past 4 weeks. However, in the near-term, buying emerged at lower levels and the stock has outperformed the S&P 500 by 0.96% in the past 1 week. The stock has risen by 1.13% in the past week indicating that the buyers are active at lower levels, but the stock is down -16.29% in the past 4 weeks.

The stock has recorded a 20-day Moving Average of 8.52% and the 50-Day Moving Average is 13.04%.The 200 Day SMA reached 23.8%

Houghton

Houghton Mifflin Harcourt Company (NASDAQ:HMHC): After opening at $13.22, the stock dipped to an intraday low of $13.14 on Friday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $13.505 and the buying power remained strong till the end. The stock closed at $13.41 for the day, a gain of 2.05% for the day session. The total traded volume was 1,175,244. The stocks close on the previous trading day was $13.41.

Houghton Mifflin Harcourt Company (HMHC) : The highest level Houghton Mifflin Harcourt Company (HMHC) is projected to reach is $33 for the short term and the lowest estimate is at $14. The consolidated price target from 5 rating analysts who initiate coverage on the stock is $19.2 and the possibility the share price can swing is $7.79.

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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