Company Shares of Intuit (NASDAQ:INTU) Rally 3.19%

Intuit (NASDAQ:INTU) : Traders are bullish on Intuit (NASDAQ:INTU) as it has outperformed the S&P 500 by a wide margin of 6.77% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 1.88%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 3.19% in the last 1 week, and is up 8.49% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.

The company shares have rallied 9.53% from its 1 Year high price. On Jul 8, 2016, the shares registered one year high at $116.03 and the one year low was seen on Aug 25, 2015. The 50-Day Moving Average price is $107.85 and the 200 Day Moving Average price is recorded at $100.99.

The stock has recorded a 20-day Moving Average of 6.77% and the 50-Day Moving Average is 9.29%.


Intuit (NASDAQ:INTU): stock turned positive on Friday. Though the stock opened at $115, the bulls momentum made the stock top out at $116.03 level for the day. The stock recorded a low of $113.98 and closed the trading day at $115.48, in the green by 1.08%. The total traded volume for the day was 1,507,471. The stock had closed at $114.25 in the previous days trading.

In an insider trading activity, The Securities and Exchange Commission has divulged that Stansbury Henry Tayloe, Officer (Evp, Chief Technology Officer) of INTUIT INC, had unloaded 2,787 shares at an average price of $103.86 in a transaction dated on June 24, 2016. The total value of the transaction was worth $289,458.

Intuit Inc. is a provider of business and financial management solutions for small businesses, consumers and accounting professionals. The Company operates through three segments: Small Business, Consumer Tax and Professional Tax. The Company operates in the United States, Canada, India, the United Kingdom, Singapore and Australia, among others. The Companys Small Business segment solutions include QuickBooks Online, Online Payroll solutions, Online Payments solutions and Intuit Developer Group. The Companys Small Business Desktop Ecosystem solutions include QuickBooks, Desktop Payroll Solutions, Desktop Payments solutions, QuickBooks Technical Support and financial supplies. The Consumer Tax segment offers tax return preparation offerings, electronic filing and other services, and Intuit Tax Freedom Project. The Companys professional tax offerings include Lacerte and ProSeries.

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