Could Harte Hanks, Inc. (HHS) See a Reversal After Having Formed Several Months Bearish Wedge Down – WhatsOnThorold

Investors sentiment is 0 in Q2 2018. Its the same as in 2018Q1. It is the same, as 0 investors sold Harte Hanks, Inc. shares while 1 reduced holdings. only 0 funds opened positions while 0 raised stakes. 209,618 shares or 0.51% less from 210,698 shares in 2018Q1 were reported.
Eidelman Virant Cap accumulated 1.42% or 207,702 shares. Public Employees Retirement Association Of Colorado reported 1,916 shares.

The stock of Harte Hanks, Inc. (HHS) formed a down wedge with $2.48 target or 9.00 % below today’s $2.73 share price. The 8 months wedge indicates high risk for the $17.07M company. If the $2.48 price target is reached, the company will be worth $1.54 million less.
Falling wedges are poor performers for bullish breakouts and are tricky moments to trade. Investors must be aware that the break even failure rate for up or down breakouts is: 11% and 15%. The average rise is 32% and the decline is 15%. The falling wedges has high throwback and pullback rate: 56%, 69% and the percent of wedges meeting target is not very high.

The stock decreased 2.50% or $0.07 during the last trading session, reaching $2.73. About 30,361 shares traded or 88.16% up from the average. Harte Hanks, Inc. (NYSE:HHS) has declined 13.91% since December 10, 2017 and is downtrending. It has underperformed by 29.53% the S&P500.

Analysts await Harte Hanks, Inc. (NYSE:HHS) to report earnings on March, 21. They expect $-0.49 EPS, down 159.04 % or $1.32 from last year’s $0.83 per share. After $-1.01 actual EPS reported by Harte Hanks, Inc. for the previous quarter, Wall Street now forecasts -51.49 % EPS growth.

More notable recent Harte Hanks, Inc. (NYSE:HHS) news were published by: Globenewswire.com which released: “Harte Hanks to Appoint Four New Independent Directors to the Board – GlobeNewswire” on May 17, 2018, also Globenewswire.com with their article: “Harte Hanks Appoints a New Independent Director to its Board – GlobeNewswire” published on July 09, 2018, Seekingalpha.com published: “Harte Hanks shareholder raises holdings and presses board change – Seeking Alpha” on January 12, 2018. More interesting news about Harte Hanks, Inc. (NYSE:HHS) were released by: Streetinsider.com and their article: “Form 8-K HARTE HANKS INC For: Nov 13 – StreetInsider.com” published on November 13, 2018 as well as Bizjournals.com‘s news article titled: “SA-based Harte Hanks to eliminate hundreds of jobs in Texas – San Antonio Business Journal” with publication date: April 04, 2018.

Harte Hanks, Inc. provides various multi-channel marketing services in the United States and internationally. The company has market cap of $17.07 million. The firm provides agency and digital services, including search engine management, display, digital analytics, Website development and design, digital strategy, social media, email, e-commerce, and interactive relationship management services; and database marketing and business-to-business lead generation solutions that offer insight and analytics, customer data integration, and marketing communications tools. It currently has negative earnings. It also provides direct marketing services, including digital printing, print on demand, advanced mail optimization, logistics and transportation optimization, tracking, commingling, shrink wrapping, and specialized mailing services, as well as custom kitting, print on demand, product recalls, and freight optimization services through its fulfillment centers; and operates teleservice workstations, which offer contact center solutions comprising speech, voice and video chat, integrated voice response, analytics, social cloud monitoring, and Web self-services.