H&R Block (HRB) has been under a strong bear grip, hence the stock is down -4.89% when compared to the S&P 500 in the past 4 weeks. However, in the near-term, buying emerged at lower levels and the stock has outperformed the S&P 500 by 1.6% in the past 1 week. The stock has risen by 2.14% in the past week indicating that the buyers are active at lower levels, but the stock is down -6.82% in the past 4 weeks.
The stock has recorded a 20-day Moving Average of 1.76% and the 50-Day Moving Average is 3.92%.The 200 Day SMA reached 14.33% H&R Block, Inc. has dropped 2.51% during the last 3-month period . Year-to-Date the stock performance stands at -30.91%.
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.
Company shares have received an average consensus rating of Hold for the current week H&R Block (NYSE:HRB): The stock opened at $22.35 and touched an intraday high of $22.43 on Friday. During the day, the stock corrected to an intraday low of $22.185, however, the bulls stepped in and pushed the price higher to close in the green at $22.41 with a gain of 0.09% for the day. The total traded volume for the day was 4,518,528. The stock had closed at $22.39 in the previous trading session.
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.