$9.01M in average volume shows that JPMorgan Chase & Co (JPM) is heading in the right direction

On Monday, JPMorgan Chase & Co (NYSE: JPM) was -1.44% drop from the session before settling in for the closing price of $247.36. A 52-week range for JPM has been $156.15 – $254.31.

During the last 5-year period, the sales growth of Financial Sector giant was 14.88%. When this article was written, the company’s average yearly earnings per share was at 13.15%. With a float of $2.80 billion, this company’s outstanding shares have now reached $2.82 billion.

Let’s determine the extent of company efficiency that accounts for 309926 employees. In terms of profitability, gross margin is 99.65%, operating margin of 58.71%, and the pretax margin is 40.58%.

JPMorgan Chase & Co (JPM) Insider Activity

Also, it is sometimes useful to examine the sentiment of large-scale investors toward JPMorgan Chase & Co stocks. The insider ownership of JPMorgan Chase & Co is 0.39%, while institutional ownership is 73.61%. 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) Earnings and Forecasts

According to the Wall Street analysts, stocks earnings will be around 13.15% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 1.67% 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

You can see what JPMorgan Chase & Co (JPM) 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 2.50. Likewise, its price to free cash flow for the trailing twelve months is 6.50.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 17.98, a number that is poised to hit 3.87 in the next quarter and is forecasted to reach 16.86 in one year’s time.

Technical Analysis of JPMorgan Chase & Co (JPM)

Looking closely at JPMorgan Chase & Co (NYSE: JPM), its last 5-days average volume was 6.63 million, which is a drop from its year-to-date volume of 9.0 million. As of the previous 9 days, the stock’s Stochastic %D was 28.64%. Additionally, its Average True Range was 4.42.

During the past 100 days, JPMorgan Chase & Co’s (JPM) raw stochastic average was set at 83.44%, which indicates a significant increase from 32.99% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 15.36% in the past 14 days, which was lower than the 27.88% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $230.53, while its 200-day Moving Average is $208.46. However, in the short run, JPMorgan Chase & Co’s stock first resistance to watch stands at $246.53. Second resistance stands at $249.26. The third major resistance level sits at $250.64. If the price goes on to break the first support level at $242.42, it is likely to go to the next support level at $241.04. Should the price break the second support level, the third support level stands at $238.31.

JPMorgan Chase & Co (NYSE: JPM) Key Stats

There are 2,815,341K outstanding shares of the company, which has a market capitalization of 686.41 billion. As of now, sales total 239,425 M while income totals 49,552 M. Its latest quarter income was 69,665 M while its last quarter net income were 12,898 M.