H&R Block (HRB) : During the past 4 weeks, traders have been relatively bearish on H&R Block (HRB), hence the stock is down -1.56% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -0.38% 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 0.04% in the last 1 week, and is up 0.89% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
H&R Block (NYSE:HRB): The stock opened at $23.89 on Friday but the bulls could not build on the opening and the stock topped out at $24.12 for the day. The stock traded down to $23.75 during the day, due to lack of any buying support eventually closed down at $23.80 with a loss of -0.21% for the day. The stock had closed at $23.85 on the previous day. The total traded volume was 1,803,538 shares.
The stock has recorded a 20-day Moving Average of 0.14% and the 50-Day Moving Average is 3.83%. H&R Block, Inc. is up 21.95% in the last 3-month period. Year-to-Date the stock performance stands at -27.36%.
H&R Block (HRB) stock is expected to deviate a maximum of $3.19 from the average target price of $28.83 for the short term period. 6 Street Experts have initiated coverage on the stock with the most promising target being $33 and the most muted being $25.
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.