Jackson Financial Inc (JXN) recent activity suggests a positive outlook with the last week’s performance of -1.23%

On Tuesday, Jackson Financial Inc (NYSE: JXN) was -1.96% drop from the session before ,before settling in for the closing price of $66.26. A 52-week range for JXN has been $26.70 – $68.97.

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It was noted that within the last five years, the titan of the Financial sector saw sales topped by 8.94%. When this article was written, the company’s average yearly earnings per share was at 24.75%. With a float of $75.73 million, this company’s outstanding shares have now reached $78.66 million.

The extent of productivity of a business whose workforce counts for 3840 workers is very important to gauge.

Jackson Financial Inc (JXN) Insider and Institutional Ownership

Also, it is sometimes useful to examine the sentiment of large-scale investors toward Jackson Financial Inc stocks. The insider ownership of Jackson Financial Inc is 2.18%, while institutional ownership is 91.89%. The most recent insider transaction that took place on Mar 04 ’24, was worth 194,845. In this transaction Director of this company bought 3,500 shares at a rate of $55.67, taking the stock ownership to the 37,726 shares. Before that another transaction happened on Dec 14 ’23, when Company’s President and CEO, JNLD sold 5,000 for $50.97, making the entire transaction worth $254,850. This insider now owns 67,429 shares in total.

Jackson Financial Inc (JXN) Latest Financial update

According to the Wall Street analysts, stocks earnings will be around 24.75% per share during the next fiscal year.

Jackson Financial Inc (NYSE: JXN) Trading Performance Indicators

You can see what Jackson Financial Inc (JXN) is doing with its current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.59. Likewise, its price to free cash flow for the trailing twelve months is 0.95.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 9.80, a number that is poised to hit 3.77 in the next quarter and is forecasted to reach 17.70 in one year’s time.

Technical Analysis of Jackson Financial Inc (JXN)

The latest stats from [Jackson Financial Inc, JXN] show that its last 5-days average volume of 0.57 million was inferior to 0.84 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 34.46%. Additionally, its Average True Range was 1.66.

During the past 100 days, Jackson Financial Inc’s (JXN) raw stochastic average was set at 83.92%, which indicates a significant increase from 41.03% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 32.93% in the past 14 days, which was higher than the 26.25% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $57.60, while its 200-day Moving Average is $44.64. Now, the first resistance to watch is $66.17. This is followed by the second major resistance level at $67.37. The third major resistance level sits at $68.09. If the price goes on to break the first support level at $64.25, it is likely to go to the next support level at $63.53. The third support level lies at $62.33 if the price breaches the second support level.

Jackson Financial Inc (NYSE: JXN) Key Stats

There are 77,412K outstanding shares of the company, which has a market capitalization of 5.03 billion. As of now, sales total 3,159 M while income totals 934,000 K. Its latest quarter income was 892,000 K while its last quarter net income were -1,559 M.