On a relative basis, the stock has outperformed the S&P 500 by 1.17% in the past 4 weeks, but has underperformed the S&P 500 in the past 1 week. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 0.19% in the last 1 week, and is up 1.04% 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 1.18% and the 50-Day Moving Average is 3.38%.The 200 Day SMA reached 22.9%. Blucora, Inc. is up 20.18% in the last 3-month period. Year-to-Date the stock performance stands at 9.39%.
Blucora (NASDAQ:BCOR): After opening at $10.5, the stock dipped to an intraday low of $10.31 on Friday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $10.9 and the buying power remained strong till the end. The stock closed at $10.72 for the day, a gain of 2.49% for the day session. The total traded volume was 251,616. The stocks close on the previous trading day was $10.46.
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.