Houghton Mifflin Harcourt Company (HMHC) Drops 5.88% on January 04

Equities Staff  |

Houghton Mifflin Harcourt Company (HMHC) was one of the Russell 2000's biggest losers for Monday January 04 as the stock slid 5.88% to $20.50, a loss of $-1.28 per share. Starting at an opening price of $21.39 a share, the stock traded between $20.19 and $21.42 over the course of the trading day. Volume was 1.01 million shares over 5,790 trades, against an average daily volume of 1.22 million shares and a total float of 134.3 million.

The losses send Houghton Mifflin Harcourt Company down to a market cap of $2.75 billion. In the last year, Houghton Mifflin Harcourt Company has traded between $27.14 and $17.10, and its 50-day SMA is currently $19.88 and 200-day SMA is $22.92.

Houghton Mifflin Harcourt Company provides content, services and technology to both educational institutions and consumers, reaching over 50 million students in more than 150 countries. It also published trade and reference materials.

Houghton Mifflin Harcourt Company is based out of Boston, MA and has some 3,300 employees. Its CEO is Linda K. Zecher.

For a complete fundamental analysis analysis of Houghton Mifflin Harcourt Company, check out Equities.com’s Stock Valuation Analysis report for HMHC. To see the latest independent stock recommendations from Equities.com’s analysts, visit our Research section.

The Russell 2000 is one of the leading indices tracking small-cap companies in the United States. It's maintained by Russell Investments, an industry leader in creating and maintaining indices, and consists of the smallest 2000 stocks from the broader Russell 3000 index.

Russell's indices differ from traditional indices like the Dow Jones Industrial Average (DJIA) or S&P 500, whose members are selected by committee, because they base membership entirely on an objective, rules based methodology. The 3,000 largest companies by market cap make up the Russell 3000, with the 2,000 smaller companies making up the Russell 2000. It's a simple approach that gives a broad, unbiased look at the small-cap market as a whole.

For more news on the financial markets, go to Equities.com. Also, learn more about our independent proprietary equity research reports and our robust do-it-yourself Stock Valuation Analysis reports in our Research section.

All data provided by QuoteMedia and was accurate as of 4:30PM ET.

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