JPMorgan Chase & Co (NYSE: JPM) kicked off on Tuesday, down -0.51% from the previous trading day, before settling in for the closing price of $239.58. Over the past 52 weeks, JPM has traded in a range of $164.30-$254.31.
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Annual sales at Financial sector company grew by 14.88% over the past five years. While this was happening, its average annual earnings per share was recorded 13.35%. With a float of $2.80 billion, this company’s outstanding shares have now reached $2.82 billion.
Let’s look at the performance matrix of the company that is accounted 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 Updates
Our next focus will be how large-scale investors are participating in this stock of the Banks – Diversified Industry. The insider ownership of JPMorgan Chase & Co is 0.39%, while institutional ownership is 73.63%. 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) Performance Highlights and Predictions
Wall Street market experts anticipate that the next fiscal year will bring earnings of 4.33 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 13.35% 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
Take a look at JPMorgan Chase & Co’s (JPM) current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.44. Likewise, its price to free cash flow for the trailing twelve months is 6.35.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 17.98, a number that is poised to hit 3.93 in the next quarter and is forecasted to reach 16.98 in one year’s time.
Technical Analysis of JPMorgan Chase & Co (JPM)
JPMorgan Chase & Co (NYSE: JPM) saw its 5-day average volume 8.3 million, a negative change from its year-to-date volume of 8.99 million. As of the previous 9 days, the stock’s Stochastic %D was 14.35%. Additionally, its Average True Range was 4.04.
During the past 100 days, JPMorgan Chase & Co’s (JPM) raw stochastic average was set at 74.85%, which indicates a significant increase from 11.43% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 10.21% in the past 14 days, which was lower than the 27.83% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $234.40, while its 200-day Moving Average is $210.15. Nevertheless, the first resistance level for the watch stands at $239.38 in the near term. At $240.39, the stock is likely to face the second major resistance level. The third major resistance level sits at $241.77. If the price goes on to break the first support level at $236.99, it is likely to go to the next support level at $235.61. Assuming the price breaks the second support level, the third support level stands at $234.60.
JPMorgan Chase & Co (NYSE: JPM) Key Stats
The company with the Market Capitalisation of 671.06 billion has total of 2,815,341K Shares Outstanding. Its annual sales at the moment are 239,425 M in contrast with the sum of 49,552 M annual income. Company’s last quarter sales were recorded 69,665 M and last quarter income was 12,898 M.
