On Friday, JPMorgan Chase & Co (NYSE: JPM) opened higher 1.99% from the last session, before settling in for the closing price of $232.96. Price fluctuations for JPM have ranged from $164.30 to $254.31 over the past 52 weeks.
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A company in the Financial sector has jumped its sales by 14.88% annually for the last half of the decade. Company’s average yearly earnings per share was noted 13.35% at the time writing. With a float of $2.80 billion, this company’s outstanding shares have now reached $2.82 billion.
In an organization with 309926 employees, it is important to assess its efficiency. 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 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 0.39%, 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) Latest Financial update
Wall Street market experts anticipate that the next fiscal year will bring earnings of 4.35 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
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 2.48. Likewise, its price to free cash flow for the trailing twelve months is 6.46.
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)
Let’s dig in a bit further. During the last 5-days, its volume was 14.52 million. That was better than the volume of 9.11 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 22.32%. Additionally, its Average True Range was 4.76.
During the past 100 days, JPMorgan Chase & Co’s (JPM) raw stochastic average was set at 73.65%, which indicates a significant increase from 41.36% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 19.63% in the past 14 days, which was lower than the 28.32% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $235.68, while its 200-day Moving Average is $210.82. However, in the short run, JPMorgan Chase & Co’s stock first resistance to watch stands at $240.68. Second resistance stands at $243.75. The third major resistance level sits at $248.30. If the price goes on to break the first support level at $233.06, it is likely to go to the next support level at $228.51. The third support level lies at $225.43 if the price breaches the second support level.
JPMorgan Chase & Co (NYSE: JPM) Key Stats
There are currently 2,815,341K shares outstanding in the company with a market cap of 682.25 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 69,665 M and its income totaled 12,898 M.
