Blucora (BCOR) : Zacks Investment Research ranks Blucora (BCOR) as 2, which is a Buy recommendation. 2 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. The average broker rating of 2 research analysts is 1, which indicates as a Strong Buy.
Blucora (BCOR) : The highest short term price target forecast on Blucora (BCOR) is $13 and the lowest target price is $12. A total of 2 equity analysts are currently covering the company. The average price of all the analysts is $12.5 with a standard deviation of $0.71.
For the current week, the company shares have a recommendation consensus of Buy. Blucora (NASDAQ:BCOR): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $11.21 and $11.14 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $11.45. The buying momentum continued till the end and the stock did not give up its gains. It closed at $11.23, notching a gain of 0.81% for the day. The total traded volume was 467,159 . The stock had closed at $11.14 on the previous day.
In a related news, Kintzel Joann, officer (President, TaxAct, Inc.) of Blucora, Inc., unloaded 3,538 shares at an average price of $10.54 on July 5, 2016. The total amount of the transaction was worth $37,291, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.
Blucora, Inc. is an operator of a portfolio of Internet businesses. The Company operates through three segments: Search and Content, Tax Preparation and E-Commerce. Its Search and Content business operates through its InfoSpace LLC subsidiary (InfoSpace) and provides search services to users of the Company owned and operated and distribution partners Web properties, as well as online content. Its Tax Preparation business consists of the operations of TaxACT, Inc. (TaxACT) and provides online tax preparation service for individuals, tax preparation software for individuals and professional tax preparers, and ancillary services. Its E-Commerce business consists of the operations of Monoprice, Inc. (Monoprice) and sells self-branded electronics and accessories to both consumers and businesses.