JPMorgan Chase & Co (NYSE:JPM) shares, rose in value on Friday, November 01, with the stock price up by 1.56% to the previous day’s close as strong demand from buyers drove the stock to $225.38.
Actively observing the price movement in the recent trading, the stock is buoying the session at $221.92, falling within a range of $222.78 and $225.75. The value of beta (5-year monthly) is 1.102 whereas the PE ratio is 12.54 over 12-month period. Referring to stock’s 52-week performance, its high was $226.75, and the low was $138.47. On the whole, JPM has fluctuated by 9.82% over the past month.
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With the market capitalization of JPMorgan Chase & Co currently standing at about $634.52 billion, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-Jan-15. The company’s Forward Dividend Ratio is 4.60, with its dividend yield at 2.04%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 177.59B, with a low estimate of 39.61B and a high estimate of 42.1B. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 41.09B.
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 4.88, with the price of JPM currently trading nearly 1.86% and 4.31% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 60.25, while the 7-day volatility ratio is showing 1.80% which for the 30-day chart, stands at 1.76%. Furthermore, JPMorgan Chase & Co (JPM)’s beta value is 1.09, and its average true range (ATR) is 3.97.
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 1.56% in today’s session so far, and over the past year, it grew by 62.21%%.
Data on historical trading for JPMorgan Chase & Co (NYSE:JPM) indicates that the trading volumes over the past 10 days have averaged 6.94 and over the past 3 months, they’ve averaged 8.57 million. According to company’s latest data on outstanding shares, there are 2.88 billion shares outstanding.
Nearly 0.39% of JPMorgan Chase & Co’s shares belong to company insiders and institutional investors own 73.63% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 28.07 million shares as on 2024-10-15, resulting in a short ratio of 3.09. According to the data, the short interest in JPMorgan Chase & Co (JPM) stood at 100.00 of shares outstanding as of 2024-10-15; the number of short shares registered in 2024-09-13 reached 27.75 million. The stock has risen by 32.50% 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.
