Jackson Financial Inc (NYSE:JXN) shares, rose in value on Friday, March 07, with the stock price up by 1.39% to the previous day’s close as strong demand from buyers drove the stock to $84.48.
Actively observing the price movement in the last trading, the stock closed the session at $83.32. The PE ratio was 7.38 over 12-month period. Referring to stock’s 52-week performance, its high was $115.22, and the low was $58.02. On the whole, JXN has fluctuated by -8.03% over the past month.
With the market capitalization of Jackson Financial Inc currently standing at about $6.14 billion, investors are eagerly awaiting this quarter’s results, scheduled for in April. The company’s Forward Dividend Ratio is 2.80, with its dividend yield at 3.31%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 7.18B, with a low estimate of 1.8B and a high estimate of 1.8B. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 1.8B.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that JXN’s technical picture suggests that short-term indicators denote the stock is a 50% Sell on average. However, medium-term indicators have put the stock in the category of 50% Sell while long-term indicators on average have been pointing out that it is a 50% Sell.
The stock’s technical analysis shows that the PEG ratio is about 0.69, with the price of JXN currently trading nearly -5.21% and -6.47% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 42.86, while the 7-day volatility ratio is showing 5.69% which for the 30-day chart, stands at 4.47%. Furthermore, Jackson Financial Inc (JXN)’s beta value is 1.51, and its average true range (ATR) is 4.10.
A comparison of Jackson Financial Inc (JXN) with its peers suggests the former has fared considerably weaker in the market. JXN showed an intraday change of 1.39% in last session, and over the past year, it grew by 50.72%%.
Data on historical trading for Jackson Financial Inc (NYSE:JXN) indicates that the trading volumes over the past 3 months, they’ve averaged 670.17K. According to company’s latest data on outstanding shares, there are 73.38 million shares outstanding.
Nearly 2.12% of Jackson Financial Inc’s shares belong to company insiders and institutional investors own 95.45% of the company’s shares. The stock has fallen by -2.99% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the JXN stock heading into the next quarter.
