As of Friday close, JPMorgan Chase & Co.’s (NYSE:JPM) stock was down -$0.33, moving down -0.21 percent to $156.02. The average number of shares traded per day over the past five days has been 7,270,080 shares. 1 time new highs have been achieved over the past 5 days, with a -$0.89 fall in that time frame. In the last twenty days, the average volume was 11,153,870, while in the previous 50 days, it was 10,251,106.
Since last month, JPM stock rose 8.94%. Shares of the company fell to $141.44 on 07/06/23, the lowest level in the past month. A 52-week high of $159.38 was reached on 07/31/23 after having rallying from a 52-week low of $101.28. Since the beginning of this year, JPM’s stock price has risen by 16.35% or $21.92, and marked a new high 19 times. However, the stock has declined by -2.11% since its 52-week high.
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JPM stock investors should be aware that JPMorgan Chase & Co. (JPM) stock had its last reported insider trading activity 51 days ago on Jun 15. Erdoes Mary E., the CEO Asset & Wealth Management of the company, disposed of 8,118 shares for $142.15 on Jun 15. It resulted in a $1,154,002 divestment by the insider. Petno Douglas B sold 4,930 shares at an average price of $142.16 on Jun 15. The insider now owns 277,161 shares following the transaction. On Jun 15, Vice Chairman Scher Peter sold 2,482 shares at $141.39 apiece. The transaction was valued at $350,930.
Valuation Metrics
Right now, JPMorgan Chase & Co. (JPM) has a P/E ratio of about 10.04. The stock’s beta is 1.09. Besides these, the trailing price-to-sales (P/S) ratio of 3.30, the price-to-book (PB) ratio of 1.68, and the price-to-cash flow ratio of 4.76 may also be considered.
The latest dividend of $1.00 per share was paid out, remained unchanged from last year’s $1.00. On Tuesday December 14 2021, a $0.75 dividend increase was announced.
Financial Health
According to company report, the long-term debt-to-equity ratio for the quarter ending June 29 was 1.03, and the total debt-to-equity ratio was 1.03. In the year ended June 29, operating margins totaled 43.90%. Based on annual data, JPM earned $66.71 billion in gross profit and brought in $92.81 billion in revenue.
A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was 6.50%. Return on equity (ROE) for the past 12 months was 13.70%.
According to the earnings report, the company had a higher net income in the recent quarter than it did in the previous quarter. While analysts expected JPMorgan Chase & Co. to report $3.99 quarterly earnings, the actual figure was $4.75 per share, beating the consensus estimate by 19.00%. The value of shareholders’ equity is $2.91 billion.
Technical Picture
This quick technical analysis looks at JPMorgan Chase & Co.’s (JPM) price momentum. With a historical volatility rate of 11.41%, the RSI 9-day stood at 58.61% on 04 August.
With respect to its five-day moving average, the current JPMorgan Chase & Co. price is down by -0.57% percent or -$0.89. At present, JPM shares trade +8.09% above its 20-day simple moving average and +18.87% percent above its 100-day simple moving average. However, the stock is currently trading approximately +14.23% above its SMA50 and +34.66% above its SMA200.
Stochastic coefficient K was 61.08% and Stochastic coefficient D was 69.76%, while ATR was 2.48. Given the Stochastic reading of 53.07% for the 14-day period, the RSI (14) reading has been calculated as 62.39%. As of today, the MACD Oscillator reading stands at -0.79, while the 14-day reading stands at -0.32.
Analyst Ratings
JPMorgan Chase & Co. downgraded its rating on JPMorgan Chase & Co. (NYSE: JPM) to a Neutral in a note to investors on July 12, 2023. The analysts firm previously had a Buy rating on the stock.JPMorgan Chase & Co. (JPM) has been rated Overweight by analysts. According to 0 brokerage firms, JPM is a sell, and 7 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 4 analysts rate JPMorgan Chase & Co. stock as buy, with 16 recommending it as overweight.
With a median target price of $169.00, the current consensus forecast for the stock is $140.00 – $227.00. Based on these forecasts, analysts predict JPMorgan Chase & Co. (JPM) will achieve an average price target of $169.62.
