JPMorgan Chase & Co. (NYSE:JPM) shares, rose in value on Thursday, April 25, with the stock price down by -0.13% to the previous day’s close as strong demand from buyers drove the stock to $192.84.
Actively observing the price movement in the recent trading, the stock is buoying the session at $193.08. The PE ratio was 11.64 over 12-month period. Referring to stock’s 52-week performance, its high was $200.94, and the low was $131.81. On the whole, JPM has fluctuated by -1.48% over the past month.
The company’s Forward Dividend Ratio is 4.25, with its dividend yield at 2.20%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 164.83B, with a low estimate of 40.03B and a high estimate of 42B. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 41.31B.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that JPM’s technical picture suggests that short-term indicators denote the stock is a 100% Buy on average. However, medium-term indicators have put the stock in the category of 100% Buy while long-term indicators on average have been pointing out that it is a 100% Buy.
The stock’s technical analysis shows that the PEG ratio is about 9.70, with the price of JPM currently trading nearly 0.34% and 1.91% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 55.07, while the 7-day volatility ratio is showing 1.82% which for the 30-day chart, stands at 1.71%. Furthermore, JPMorgan Chase & Co. (JPM)’s beta value is 1.12, and its average true range (ATR) is 3.54.
A comparison of JPMorgan Chase & Co. (JPM) with its peers suggests the former has fared considerably weaker in the market. JPM showed an intraday change of -0.13% in today’s session so far, and over the past year, it grew by 40.07%%.
Data on historical trading for JPMorgan Chase & Co. (NYSE:JPM) indicates that the trading volumes over the past 3 months, they’ve averaged 8.91 million. According to company’s latest data on outstanding shares, there are 2.87 billion shares outstanding.
Nearly 0.10% of JPMorgan Chase & Co.’s shares belong to company insiders and institutional investors own 70.80% of the company’s shares. The stock has risen by 13.37% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the JPM stock heading into the next quarter.
