The trading price of JPMorgan Chase & Co. (NYSE:JPM) closed higher on Friday, April 19, closing at $185.80, 2.51% higher than its previous close.
The company’s P/E ratio in the trailing 12-month period was 11.22, while its 5Y monthly beta was 1.12. In examining the 52-week price action we see that the stock hit a 52-week high of $200.94 and a 52-week low of $131.81. Over the past month, the stock has lost -5.36% in value.
JPMorgan Chase & Co., whose market valuation is $533.63 billion at the time of this writing, is expected to release its quarterly earnings report Jul 12, 2024. The dividend yield on the company stock is 2.29%, while its Forward Dividend ratio is 4.25. Investors’ optimism about the company’s current quarter earnings report is understandable.
A company’s earnings reviews provide a brief indication of a stock’s direction in the short term, where in the case of JPMorgan Chase & Co. No upward and no downward comments were posted in the last 7 days. On the technical side, indicators suggest JPM has a 50% Buy on average for the short term. According to the data of the stock’s medium term indicators, the stock is currently averaging as a 50% Buy, while an average of long term indicators suggests that the stock is currently 100% Buy.
If we dig deeper into the stock’s outlook, we see that the stock’s PEG is 9.35, which symbolizes a positive outlook. A quick review shows that JPM’s price is currently -3.97% off the SMA20 and -1.19% off the SMA50. The RSI metric on the 14-day chart is currently showing 43.18, and weekly volatility stands at 2.20%. When measured over the past 30 days, the indicator reaches 1.72%. JPMorgan Chase & Co. (NYSE:JPM)’s beta value is currently sitting at 1.13, while the Average True Range indicator is currently displaying 3.67.
To see how JPMorgan Chase & Co. stock has been performing in comparison to its peers in the industry, here are the numbers: JPM stock’s performance was 2.51% in the latest trading, and 31.57% in the past year. JPMorgan Chase & Co. has a P/E ratio of 11.22.
An evaluation of the daily trading volume of JPMorgan Chase & Co. (NYSE:JPM) indicates that the 3-month average is 8.97 million.
Currently, records show that 2.87 billion of the company’s shares remain outstanding. The insiders hold 0.10% of outstanding shares, whereas institutions hold 70.80%. However, since the stock’s price has seen 9.23% year-to-date, investors’ interest is likely to be reignited due to its potential to move even higher.
