A new trading day began on August 04, 2022, with JPMorgan Chase & Co. (NYSE: JPM) stock priced at $112.85, down -1.10% from the previous day of trading. During the day, the shares moved up to $113.32 and dropped to $111.0214 before settling in for the closing price of $113.61. JPM’s price has ranged from $106.06 to $172.96 over the past 52 weeks.
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Financial Sector giant saw their annual sales surged by 0.70% over the last five years. Meanwhile, its annual earnings per share averaged 73.10%. With a float of $2.91 billion, this company’s outstanding shares have now reached $2.98 billion.
The firm has a total of 273948 workers. Let’s measure their productivity.
JPMorgan Chase & Co. (JPM) Insider Activity
As we move forward, let’s examine how large-scale investors are investing in this stock of the Banks – Diversified Industry. The insider ownership of JPMorgan Chase & Co. is 0.10%, while institutional ownership is 71.10%. The most recent insider transaction that took place on Apr 19, was worth 2,732,344. In this transaction Chief Risk Officer of this company sold 21,012 shares at a rate of $130.04, taking the stock ownership to the 178,588 shares. Before that another transaction happened on Apr 14, when Company’s Co-CEO CCB sold 4,668 for $126.19, making the entire transaction worth $589,051. This insider now owns 11,135 shares in total.
JPMorgan Chase & Co. (JPM) Earnings and Forecasts
In its latest quarterly report, released on 6/29/2022, the company reported earnings of $2.76 per share, which was $0.1 lower than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). This company achieved a net margin of +38.11 while generating a return on equity of 16.78. Wall Street market experts anticipate that the next fiscal year will bring earnings of 2.89 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 73.10% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 1.07% during the next five years compared to 19.90% growth over the previous five years of trading.
JPMorgan Chase & Co. (NYSE: JPM) Trading Performance Indicators
Here are JPMorgan Chase & Co.’s current performance indicators. According to the last quarter’s results, the stock had a price to sales ratio for the trailing twelve months stands at 5.18. Likewise, its price to free cash flow for the trailing twelve months is 4.93.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 12.46, a number that is poised to hit 2.96 in the next quarter and is forecasted to reach 12.57 in one year’s time.
Technical Analysis of JPMorgan Chase & Co. (JPM)
Analysing the last 5-days average volume posted by the [JPMorgan Chase & Co., JPM], we can find that recorded value of 15.01 million was lower than the volume posted last year of 15.14 million. As of the previous 9 days, the stock’s Stochastic %D was 22.63%. Additionally, its Average True Range was 2.74.
During the past 100 days, JPMorgan Chase & Co.’s (JPM) raw stochastic average was set at 16.64%, which indicates a significant decrease from 24.43% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 18.52% in the past 14 days, which was lower than the 29.03% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $117.79, while its 200-day Moving Average is $140.33. Now, the first resistance to watch is $113.45. This is followed by the second major resistance level at $114.53. The third major resistance level sits at $115.74. If the price goes on to break the first support level at $111.15, it is likely to go to the next support level at $109.94. Should the price break the second support level, the third support level stands at $108.85.
JPMorgan Chase & Co. (NYSE: JPM) Key Stats
With a market capitalization of 329.66 billion, the company has a total of 2,937,050K Shares Outstanding. Currently, annual sales are 127,202 M while annual income is 48,334 M. The company’s previous quarter sales were 34,233 M while its latest quarter income was 8,649 M.