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Houghton Mifflin Down 15.3% Since SmarTrend Downtrend Call (HMHC)

By James Quinn

SmarTrend identified a Downtrend for Houghton Mifflin (NASDAQ:HMHC) on February 19th, 2019 at $8.61. In approximately 3 weeks, Houghton Mifflin has returned 15.33% as of today's recent price of $7.29.

Over the past year, Houghton Mifflin has traded in a range of $5.10 to $10.64 and is now at $7.29, 43% above that low. Over the last five market days, the 200-day moving average (MA) has gone up 0.2% while the 50-day MA has declined 1.1%.

Houghton Mifflin Harcourt Company, a learning company, provides content, services, and technology solutions for educational institutions and consumers worldwide. The company operates in two segments, Education and Trade Publishing.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of Houghton Mifflin.

Log in and add Houghton Mifflin (HMHC) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights houghton mifflin

Ticker(s): HMHC