Reasons Why Long-term Faith on American Express Company (AXP) Could Pay Off Investors

Let’s start up with the current stock price of American Express Company (AXP), which is $112.90 to be very precise. The Stock rose vividly during the last session to $114.80 after opening rate of $113.78 while the lowest price it went was recorded $112.53 before closing at $114.14.

Recently in News on November 19, 2020, American Express Commits $2.5M to “100 for 100” Program to Invest in the Future of Black Women Entrepreneurs in the U.S.. Today, American Express (NYSE: AXP) revealed the 100 Black women entrepreneurs selected for its “100 for 100” program, which will provide each with grants of $25,000 and 100 days of business resources, including business education, mentorship, marketing, virtual networking, WorkSpaces by Hilton hotel reservation credits and more. American Express created this program in partnership with IFundWomen of Color, the leading platform for women of color to raise capital, to support Black women entrepreneurs as they work to jump start and grow their business ventures. The initiative is part of American Express’ recently announced $1 billion action plan to enhance diverse representation and promote equal opportunities for its colleagues, customers and communities. You can read further details here


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American Express Company had a pretty Dodgy run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $138.13 on 01/24/20, with the lowest value was $67.00 for the same time period, recorded on 03/18/20.

American Express Company (AXP) full year performance was -4.33%

Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stock’s existing status and the future performance. Presently, American Express Company shares are logging -18.27% during the 52-week period from high price, and 68.51% higher than the lowest price point for the same timeframe. The stock’s price range for the 52-week period managed to maintain the performance between $67.00 and $138.13.

The company’s shares, operating in the sector of Financial managed to top a trading volume set approximately around 721283 for the day, which was evidently lower, when compared to the average daily volumes of the shares.

When it comes to the year-to-date metrics, the American Express Company (AXP) recorded performance in the market was -8.31%, having the revenues showcasing 18.71% on a quarterly basis in comparison with the same period year before. At the time of this writing, the total market value of the company is set at 88.80B, as it employees total of 59000 workers.

American Express Company (AXP) in the eye of market guru’s

During the last month, 9 analysts gave the American Express Company a BUY rating, 2 of the polled analysts branded the stock as an OVERWEIGHT, 13 analysts were recommending to HOLD this stock, 1 of them gave the stock UNDERWEIGHT rating, and 3 of the polled analysts provided SELL rating.

According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 100.58, with a change in the price was noted +18.85. In a similar fashion, American Express Company posted a movement of +20.04% for the period of last 100 days, recording 4,215,411 in trading volumes.

Total Debt to Equity Ratio (D/E) can also provide valuable insight into the company’s financial health and market status. The debt to equity ratio can be calculated by dividing the present total liabilities of a company by shareholders’ equity. Debt to Equity thus makes a valuable metrics that describes the debt, company is using in order to support assets, correlating with the value of shareholders’ equity The total Debt to Equity ratio for AXP is recording 6.03 at the time of this writing. In addition, long term Debt to Equity ratio is set at 2.05.

American Express Company (AXP): Stocks Technical analysis and Trends

Raw Stochastic average of American Express Company in the period of last 50 days is set at 76.05%. The result represents improvement in oppose to Raw Stochastic average for the period of the last 20 days, recording 76.05%. In the last 20 days, the company’s Stochastic %K was 78.80% and its Stochastic %D was recorded 82.96%.

If we look into the earlier routines of American Express Company, multiple moving trends are noted. Year-to-date Price performance of the company’s stock appears to be encouraging, given the fact the metric is recording -8.31%. Additionally, trading for the stock in the period of the last six months notably improved by 27.77%, alongside a downfall of -4.33% for the period of the last 12 months. The shares increased approximately by 2.74% in the 7-day charts and went down by 12.53% in the period of the last 30 days. Common stock shares were driven by 18.71% during last recorded quarter.

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