Shares of H&R Block Inc. (HRB) Rise to a New 52-Week High

August 15, 2022 10:42:28

H&R Block Inc. (NYSE:HRB) traded today at a new 52-week high of $46.51. Approximately 761,000 shares have changed hands today, as compared to an average 30-day volume of 1.9 million shares.

Based on a current price of $45.76, H&R Block Inc. is currently 0.9% above its average consensus analyst price target of $45.33.

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.

In the past 52 weeks, shares of H&R Block Inc. have traded between a low of $21.08 and a high of $46.51 and is now at $45.76, which is 117% above that low price.

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