H&R Block (HRB) NewsBite - HRB Hits 52-Week Low
Posted: Wednesday, May 13, 2009 2:55 PM EDT
By: Market Intelligence Center Staff
H and R Block (NYSE: HRB) hit a new 52-Week low of $14.48 so far today. Currently the stock is down $0.22 (-1.48%) to $14.68 on 1,634,585 shares traded. Today's low is down $13.29 from a 52-Week high of $27.97. H and R Block stock has been showing support around $14.45 and resistance in the $15.47 range. Technical indicators for the stock are bearish and S&P gives HRB a negative 2 STARS (out of 5) sell ranking. If you are looking for a hedged play on HRB the stock seems like it could be a candidate for an October out-of-the-money bear-call credit spread above the 17.50 range. [ABR-Seven Summits Strategic Investments NewsBite]
CLICK HERE: FREE H and R Block (HRB) Stock ReportSee what our analysts have uncovered about H and R Block (HRB).