• Return to Headlines

Blucora Inc: The Winning Streak Continues (BCOR)

By Nick Russo

Shares of Blucora Inc (NASDAQ:BCOR) traded today at $37.35, breaking its 52-week high. This new high was reached on below average trading volume as 65,000 shares traded hands, while the average 30-day volume is approximately 393,000 shares.

Potential upside of 0.3% exists for Blucora Inc, based on a current level of $37.15 and analysts' average consensus price target of $37.25. The stock should find initial support at its 50-day moving average (MA) of $26.53 and further support at its 200-day MA of $23.89.

Blucora, Inc. provides online solutions for consumers and business partners. The Company owns and operates Internet businesses that provide online search and monetization solutions to a network of global partners as well as provide online tax preparation solutions to consumers and professional preparers.

Blucora Inc share prices have moved between a 52-week high of $37.35 and a 52-week low of $19.05 and are now trading 95% above that low price at $37.15 per share. The 200-day and 50-day moving averages have moved 1.27% higher and 4.42% higher over the past week, respectively.

SmarTrend recommended that subscribers consider buying shares of Blucora Inc on December 12th, 2017 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $21.49. Since that recommendation, shares of Blucora Inc have risen 71.0%. We continue to monitor BCOR for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: 52 week high/lows blucora inc

Ticker(s): BCOR