JPMorgan Chase & Co (NYSE:JPM) shares, rose in value, with the stock price up by 1.02% to the previous day’s close as strong demand from buyers drove the stock to $279.13.
Actively observing the price movement in the recent trading, the stock is buoying the session at $276.32, falling within a range of $276.95 and $279.2334. The value of beta (5-year monthly) is 1.091 whereas the PE ratio is 14.14 over 12-month period. Referring to stock’s 52-week performance, its high was $278.55, and the low was $174.42. On the whole, JPM has fluctuated by 10.61% over the past month.
With the market capitalization of JPMorgan Chase & Co currently standing at about $785.85 billion, investors are eagerly awaiting this quarter’s results, scheduled for in March. The company’s Forward Dividend Ratio is 4.80, with its dividend yield at 1.72%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 176.35B, with a low estimate of 42.5B and a high estimate of 44.55B. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 43.53B.
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 2.38, with the price of JPM currently trading nearly 3.66% and 10.33% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 74.15, while the 7-day volatility ratio is showing 1.72% which for the 30-day chart, stands at 1.77%. Furthermore, JPMorgan Chase & Co (JPM)’s beta value is 1.09, and its average true range (ATR) is 4.44.
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 1.02% in today’s session so far, and over the past year, it grew by 60.18%%.
Data on historical trading for JPMorgan Chase & Co (NYSE:JPM) indicates that the trading volumes over the past 10 days have averaged 7.19 and over the past 3 months, they’ve averaged 8.96 million. According to company’s latest data on outstanding shares, there are 2.82 billion shares outstanding.
Nearly 0.39% of JPMorgan Chase & Co’s shares belong to company insiders and institutional investors own 73.35% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 29.52 million shares as on 2024-12-31, resulting in a short ratio of 3.42. According to the data, the short interest in JPMorgan Chase & Co (JPM) stood at 105.00 of shares outstanding as of 2024-12-31; the number of short shares registered in 2024-11-29 reached 30.7 million. The stock has risen by 16.44% 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.
