McGraw-Hill Finally Bows to Shareholders
McGraw-Hill Cos. (NYSE:MHP) plans to separate its markets and education businesses into two separate public companies. The company McGraw-Hill Markets will focus on capital and commodities markets, while McGraw-Hill Education will cater to education services and digital learning.
The company trades at $40.26 up over 3.98%. It has a P/E ratio of about 14 which is lower than its peers. The company also trades at a sales multiple of 1.8 which is higher than its industry rivals.
Technically speaking shares trade below the declining 50 day moving average and above the rising 200 day moving average. The MACD is showing a bearish crossover while RSI is pointing up at about 46.