H&R Block (HRB) Shares are Up 0.26%

H&R Block (HRB) : Traders are bullish on H&R Block (HRB) as it has outperformed the S&P 500 by a wide margin of 7.51% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 0.09%, 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 0.26% in the last 1 week, and is up 6.93% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.

The stock has recorded a 20-day Moving Average of 3.92% and the 50-Day Moving Average is 0.05%.The 200 Day SMA reached 9.55%


H&R Block (NYSE:HRB): After opening at $22.79, the stock dipped to an intraday low of $22.595 on Friday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $23.24 and the buying power remained strong till the end. The stock closed at $23.15 for the day, a gain of 2.21% for the day session. The total traded volume was 2,235,567. The stocks close on the previous trading day was $23.15.

H&R Block (HRB) has been rated by 6 research analysts. Fundamentally, the highest shorterm price forecast for the stock is expected to reach $32 and the lowest price target forecast is $24. The average forecast of all the analysts is $27.17 and the expected standard deviation is $2.86.

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.

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