On Friday, JPMorgan Chase & Co. (NYSE: JPM) opened higher 1.14% from the last session, before settling in for the closing price of $211.55. Price fluctuations for JPM have ranged from $135.19 to $217.56 over the past 52 weeks.
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It was noted that within the last five years, the titan of the Financial sector saw sales topped by 14.88%. Company’s average yearly earnings per share was noted 9.39% at the time writing. With a float of $2.83 billion, this company’s outstanding shares have now reached $2.88 billion.
The extent of productivity of a business whose workforce counts for 309926 workers is very important to gauge. In terms of profitability, gross margin is 93.6%, operating margin of 44.47%, and the pretax margin is 40.35%.
JPMorgan Chase & Co. (JPM) Insider and Institutional Ownership
A key investor’s attitude towards the stock of the Banks – Diversified industry is another important factor to consider. The insider ownership of JPMorgan Chase & Co. is 0.38%, while institutional ownership is 74.29%. The most recent insider transaction that took place on Jun 20 ’24, was worth 872,311. In this transaction General Counsel of this company sold 4,415 shares at a rate of $197.58, taking the stock ownership to the 37,709 shares. Before that another transaction happened on Jun 10 ’24, when Company’s Chief Risk Officer sold 5,086 for $199.54, making the entire transaction worth $1,014,857. This insider now owns 212,265 shares in total.
JPMorgan Chase & Co. (JPM) Latest Financial update
If we go through the results of last quarter, which was made public on 6/30/2024, the company posted 4.33 earnings per share (EPS) for the quarter, besting the agreed prediction (set at 3.96) by 0.37. Wall Street market experts anticipate that the next fiscal year will bring earnings of 3.42 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 9.39% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 3.18% during the next five years compared to 12.53% growth over the previous five years of trading.
JPMorgan Chase & Co. (NYSE: JPM) Trading Performance Indicators
Check out the current performance indicators for JPMorgan Chase & Co. (JPM). In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.28. Likewise, its price to free cash flow for the trailing twelve months is 5.28.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 17.93, a number that is poised to hit 4.02 in the next quarter and is forecasted to reach 17.16 in one year’s time.
Technical Analysis of JPMorgan Chase & Co. (JPM)
The latest stats from [JPMorgan Chase & Co., JPM] show that its last 5-days average volume of 7.05 million was inferior to 9.22 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic%D was 95.54%. Additionally, its Average True Range was 4.44.
During the past 100 days, JPMorgan Chase & Co.’s (JPM) raw stochastic average was set at 90.64%, which indicates a significant increase from 90.51% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 29.74% in the past 14 days, which was higher than the 23.63% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $204.50, while its 200-day Moving Average is $184.65. Now, the first resistance to watch is $214.85. This is followed by the second major resistance level at $215.72. The third major resistance level sits at $217.35. If the price goes on to break the first support level at $212.34, it is likely to go to the next support level at $210.71. The third support level lies at $209.84 if the price breaches the second support level.
JPMorgan Chase & Co. (NYSE: JPM) Key Stats
There are currently 2,871,668K shares outstanding in the company with a market cap of 608.78 billion. Presently, the company’s annual sales total 239,425 M according to its annual income of 49,552 M. Last quarter, the company’s sales amounted to 75,967 M and its income totaled 18,149 M.
