Liberty Tax Inc (TAX) is Trading Lower on Unusual Volume for January 18

Equities Staff |

Liberty Tax Inc (TAX) experienced unusually high volume on Jan. 18, as the stock lost 1.64% to a closing price of $18.60. The stock saw 57,000 shares trade hands over the course of the day on 490 trades. Given that the stock’s average daily volume over the last month has been 36,035 shares a day, this represents a pretty substantial spike over the norm.

Liberty Tax Inc has a P/B ratio of 3.13. It also has a P/E ratio of 23.8. The stock has traded between $37.03 and $17.95 over the last 52-weeks, its 50-day SMA is now $22.02, and its 200-day SMA $23.53.

Liberty Tax Inc is engaged in providing retail federal and state income tax preparation services and related tax settlement products in the United States and Canada.

Headquartered in Virginia Beach, VA, Liberty Tax Inc has 1,026 employees and is currently under the leadership of CEO John T. Hewitt.

For a complete fundamental analysis analysis of Liberty Tax Inc, check out Equities.com’s Stock Valuation Analysis report for TAX. To see the latest independent stock recommendations from Equities.com’s analysts, visit our Research section.

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All data provided by QuoteMedia and was accurate as of 4:30PM ET.

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