Shares are trading at $1.02 which is marginally higher than $0.96, the stock’s 50 day moving average and barely below the 200 day moving average of $1.08. The 50 day moving average was up by +6.44% whereas the 200 day average was down by -5.25%. Trading was light with 16K shares changing hands by the end of trading on Tuesday. Shares saw a steep decrease in trading volume of 93.87% under the normal average daily volume.
Short traders are more bullish on Harte-Hanks, Inc. of late as inferred by the change in short interest. The firm experienced a fall in short interest of -16.63% as of September 29, 2017 from the last reporting period. Short interest fell from 234,065 to 195,150 over that timeframe. Days to cover decreased from 4.0 to 2.0 and the percentage of shorted shares was 0.00% on September 29.
Additionally, here are a few investment firms who have increased or decreased their stake in (HHS). As of the end of the quarter Spark Investment Management LLC had sold 31,700 shares trimming its holdings by 12.1%. The value of the investment in (HHS) went from $367,000 to $237,000 decreasing 35.4% for the reporting period. Boothbay Fund Management, LLC expanded its holdings by buying 147,566 shares an increase of 82.4% in the quarter. Boothbay Fund Management, LLC now holds 326,692 shares with a value of $336,000. The value of the position overall is up by 17.9%.
Ledyard National Bank bolstered its position by buying 7,175 shares an increase of 33.3%. Ledyard National Bank now controls 28,725 shares worth $31,000. The total value of its holdings increased 40.9%. As of quarter end Cutler Group LP had acquired a total of 600 shares growing its position 600.0%. The value in dollars decreased from $0 to $0 a change of nan% quarter to quarter.
In the last earnings report the EPS was $-2.12 and is estimated to be $-0.07 for the current year with 62,016,000 shares outstanding. Analysts expect next quarter’s EPS to be $0.04 with next year’s EPS projected to be $-0.02.
Harte Hanks, Inc. (Harte Hanks), launched on October 1, 1970, is a multi-channel marketing company. The Business’s Customer Interaction business offers a range of marketing services, in media from direct mail to e-mail, including agency and digital services; database marketing solutions and business-to-business lead generation; direct mail, and contact centers. Its agency services are customer engagement agencies specializing in direct and digital communications for both consumer and business-to-business markets. The Business’s digital solutions integrate online services within the marketing mix and include search engine management, display, digital analytics, Website development and design, digital strategy, social media, e-mail, e-commerce and interactive relationship management and a range of other services that support its core businesses..