H&R Block (HRB) has risen sharply, recording gains of 7.56% in the past 4 weeks. However, the stock has corrected -1.48% in the past 1 week, providing a good buying opportunity on dips. On a relative basis, the stock has outperformed the S&P 500 by 0.75% in the past 4 weeks, but has underperformed the S&P 500 in the past 1 week.
H&R Block (NYSE:HRB): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $23.68 and $23.67 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $23.96. The buying momentum continued till the end and the stock did not give up its gains. It closed at $23.91, notching a gain of 0.46% for the day. The total traded volume was 1,166,026 . The stock had closed at $23.80 on the previous day.
The stock has recorded a 20-day Moving Average of 2.55% and the 50-Day Moving Average is 8.05%. H&R Block, Inc. is up 1.28% in the last 3-month period. Year-to-Date the stock performance stands at -27.03%.
H&R Block, Inc. (H&R Block) is a holding company. The Company, through its subsidiaries, provides tax preparation and other services. The Company provides assisted income tax return preparation, digital do-it-yourself (DIY) tax solutions and other services and products related to income tax return preparation to the general public primarily in the United States, and its territories, Canada and Australia. The Company offers a range of online tax services, from tax advice to complete professional and DIY tax return preparation and electronic filing, through its Website at www.hrblock.com. Services available at this Website allow clients to prepare their federal and state income tax returns using online tax program, access tax tips, advice and tax-related news, and use calculators for tax planning. The Company develops and markets DIY desktop income tax preparation software. It develops and offers applications for mobile devices, which provide tax and related services to clients.