YOUR BUSINESS AUTHORITY
Springfield, MO
For the fourth time in as many months, Jack Henry & Associates Inc.’s stock hit a new high.
The Monett-based banking software and technology firm’s stock opened at $65.84 yesterday and hit a new 52-week high of $67.68 during trading, before closing at $66.84.
In December, the stock set a high of $63.66 but didn’t stop there. By Jan. 13, it climbed to $64.40. A month later, on Feb. 12, the stock set another record at $65.76.
The shares are the highest for the company since it went public in 1985. Shares rose as high as $31.06 in December 2009 but dipped during the recession to as low as $15.93, in February 2009, according to Springfield Business Journal archives.
In February, PropertyMentorGroup.com listed JKHY among its top five stocks to watch, noting it appeared to be an attractive stock buy after the company’s quarterly revenue report. Jack Henry reported fiscal 2015 second-quarter net income of $59 million, beating last year’s quarter by 7.5 percent, according to SBJ archives.
As of 10:23 a.m., JKHY shares were trading at $66.04. The company’s 52-week low is $51.86.
This installment of Springfield Business Journal’s Architects & Engineers Project Report showcases 26 endeavors by area design and engineering professionals.
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