Large Inflow of Money Detected in Blucora

Blucora (BCOR) : Thursdays money flow data in Blucora (BCOR) suggests that the bulls made the most of the weakness in the stock. The inflow of money into the stock on upticks was $0.17 million, whereas, $0.03 million worth of transactions were done on downticks. The ratio between the two, uptick and downtick stood at 5.27, in favor of the bulls. The total money flow into the stock was $0.14 million clearly indicating that the smart money has been buying into the stock on weakness.

In comparison, the money flow in block deals was $0.1 million. The total value of block trades done on upticks was $0.1 million. Blucora (BCOR) fell $0.04 and traded at $12.05, down -0.33% for the day, over previous days close. On a weekly basis, the shares are 4.87% over the previous weeks close.


The stock has recorded a 20-day Moving Average of 19.86% and the 50-Day Moving Average is 31.61%. Shares have dropped -27.81% from its 1 Year high price. On Jul 16, 2015, the shares registered one year high at $16.30 and the one year low was seen on Mar 29, 2016. The 50-Day Moving Average price is $9.49 and the 200 Day Moving Average price is recorded at $7.70.

Blucora (NASDAQ:BCOR): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $12.09 and $12.00 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $12.49. The buying momentum continued till the end and the stock did not give up its gains. It closed at $12.29, notching a gain of 1.65% for the day. The total traded volume was 598,190 . The stock had closed at $12.09 on the previous day.

In an insider trading activity, 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.

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