Get all your news in one place.
100’s of premium titles.
One app.
Start reading
Investors Business Daily
Investors Business Daily
Business
INVESTOR'S BUSINESS DAILY

H&R Block Shows Rising Relative Price Performance; Still Shy Of Key Threshold

In a welcome move, H&R Block saw its Relative Strength Rating rise from 68 to 71 on Tuesday.

This exclusive rating from Investor's Business Daily tracks market leadership with a 1 (worst) to 99 (best) score. The score shows how a stock's price movement over the trailing 52 weeks compares to all the other stocks in our database.

History shows that the best-performing stocks tend to have an 80 or higher RS Rating as they begin their largest runs. See if H&R Block can continue to rebound and hit that benchmark.

How To Invest In Stocks In Both Bull And Bear Markets

While the stock is not near an ideal buy zone right now, see if it is able to form and break out of a proper consolidation.

H&R Block saw both earnings and sales growth rise last quarter. Earnings-per-share increased from -8% to 0%. Revenue rose from 3% to 5%.

The company holds the No. 32 rank among its peers in the Financial Services-Specialty industry group. Marex Group, Sezzle and Tradeweb Markets are among the top 5 highly rated stocks within the group.

RELATED:

IBD Stock Rating Upgrades: Rising Relative Strength

Why Should You Use IBD's Relative Strength Rating?

How Relative Strength Line Can Help You Judge A Stock

Ready To Grow Your Investing Skills? Join An IBD Meetup Group!

Sign up to read this article
Read news from 100’s of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.