American Express Co. (AXP) volume exceeds 1.75 million: A new investment opportunity for investors

On Monday, American Express Co. (NYSE: AXP) opened lower -0.34% from the last session, before settling in for the closing price of $237.85. Price fluctuations for AXP have ranged from $140.91 to $256.24 over the past 52 weeks.

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Financial Sector giant saw their annual sales surged by 10.54% over the last five years. Company’s average yearly earnings per share was noted 21.00% at the time writing. With a float of $710.02 million, this company’s outstanding shares have now reached $723.00 million.

The firm has a total of 74600 workers. Let’s measure their productivity.

American Express Co. (AXP) Breakdown of a Key Holders of the stock

A key investor’s attitude towards the stock of the Credit Services industry is another important factor to consider. The insider ownership of American Express Co. is 0.13%, while institutional ownership is 87.68%. The most recent insider transaction that took place on May 22 ’24, was worth 666,213. In this transaction Pres., GSG and TLS of this company sold 2,768 shares at a rate of $240.68, taking the stock ownership to the 12,560 shares. Before that another transaction happened on May 20 ’24, when Company’s Grp. Pres., GMNS sold 2,230 for $242.88, making the entire transaction worth $541,622. This insider now owns 12,707 shares in total.

American Express Co. (AXP) Recent Fiscal highlights

According to the Wall Street analysts, stocks earnings will be around 21.00% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 15.35% during the next five years compared to 7.25% growth over the previous five years of trading.

American Express Co. (NYSE: AXP) Trading Performance Indicators

Check out the current performance indicators for American Express Co. (AXP). In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.37. Likewise, its price to free cash flow for the trailing twelve months is 7.23.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 13.40, a number that is poised to hit 3.27 in the next quarter and is forecasted to reach 14.88 in one year’s time.

Technical Analysis of American Express Co. (AXP)

Analysing the last 5-days average volume posted by the [American Express Co., AXP], we can find that recorded value of 2.35 million was lower than the volume posted last year of 3.02 million. As of the previous 9 days, the stock’s Stochastic %D was 41.26%. Additionally, its Average True Range was 6.21.

During the past 100 days, American Express Co.’s (AXP) raw stochastic average was set at 54.01%, which indicates a significant increase from 43.91% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 39.19% in the past 14 days, which was higher than the 24.39% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $236.52, while its 200-day Moving Average is $210.31. Now, the first resistance to watch is $238.90. This is followed by the second major resistance level at $240.74. The third major resistance level sits at $242.49. If the price goes on to break the first support level at $235.30, it is likely to go to the next support level at $233.55. Now, if the price goes above the second support level, the third support stands at $231.71.

American Express Co. (NYSE: AXP) Key Stats

There are currently 719,303K shares outstanding in the company with a market cap of 168.52 billion. Presently, the company’s annual sales total 67,364 M according to its annual income of 8,374 M. Last quarter, the company’s sales amounted to 18,397 M and its income totaled 3,015 M.