Shares Of H&R Block Inc. (HRB) Rise Above Previous 52-Week High


(MENAFN- Investor Brand Network)

H&R Block Inc. (NYSE:HRB) traded today at a new 52-week high of $30.03. This new high was reached on above average trading volume as 4.2 million shares traded hands, while the average 30-day volume is approximately 2 million shares.

In the past 52 weeks, H&R Block Inc. share prices are bracketed by a low of $21.08 and a high of $30.03 and is now at $29.67, 41% above that low price.

H&R Block Inc. (NYSE:HRB) has potential upside of 58.6% based on a current price of $29.67 and analysts' consensus price target of $47.06.

H&R Block Inc provides income tax return preparation services, digital do-it-yourself tax solutions, and other services related to income tax preparation to the general public primarily in the United States, Canada, and Australia. The company mainly prepares tax returns for customers within the United States through its company-owned offices, franchise locations, and online tax software. The vast majority of H&R Block's offices are located in the U.S. The company derives most of its total revenue from the U.S. assisted tax preparation fees. Revenue from franchise and product royalties and digital do-it-yourself tax solutions is also relatively significant.

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