Home  »  Stock   »  JPM’s Stochastic Averages Dip: Analyzing JPM...

JPM’s Stochastic Averages Dip: Analyzing JPMorgan Chase & Co.’s Stock Performance

The current stock price for JPMorgan Chase & Co. (JPM) is $149.11. The stock experienced a significant increase during the last trading session, reaching $149.895 after opening at $147.84. It dipped to a low of $147.52 before ultimately closing at $149.25.

The market performance of JPMorgan Chase & Co. has been somewhat stable. Over the past year, the company’s stock achieved a high of $159.38 on 07/31/23, with the lowest value for the same timeframe being $101.28, recorded on 10/12/22.

Top 5 EV Tech Stocks to Buy for 2023

The electric vehicle boom is accelerating – and fast. According a new report published by BloombergNEF, annual spending on passenger EVs hit $388 billion in 2022, up 53% from the year before. Like we said, the boom is accelerating – and the time to buy EV-related tech stocks is now. Get our free report, "Top 5 EV Tech Stocks to Buy for 2023".

Click Here to Download the FREE Report.

Sponsored

52-week price history of JPM Stock

A stock’s 52-week high and low prices can reveal a great deal about its present condition and potential future performance. JPMorgan Chase & Co.’s current trading price is -6.44% away from its 52-week high, while its distance from the 52-week low is 47.23%. The stock’s price range during this period has fluctuated between $101.28 and $159.38. Shares of the company, which operates in the Financial sector, recorded a trading volume of around 5.93 million for the day, which was evidently lower than the average daily volume of 9.35 million over the last three months.

Financial Performance and Market Capitalization

JPMorgan Chase & Co. (JPM) has experienced a quarterly rise of 4.21% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 432.99B and boasts a workforce of 300066 employees.

Analysts’ Ratings For JPMorgan Chase & Co.

As of right now, 16 analysts are rating JPMorgan Chase & Co. as a BUY, 3 of the polled analysts branded the stock as an OVERWEIGHT, 7 analysts are recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 analyst is rating the stock as SELL.

Moving average and trading volume data

Based on Barchart.com data, the company’s moving average over the 100-day period was 144.92, with a change in price of +8.36. Similarly, JPMorgan Chase & Co. recorded 9,657,111 in trading volume during the last 100 days, posting a change of +5.94%.

JPM Debt-to-equity ratio analysis

The debt-to-equity (D/E) ratio is a valuable metric that offers insight into a company’s financial health and standing in the market. This ratio is calculated by dividing a company’s current total liabilities by its shareholders’ equity. The D/E ratio illustrates the extent of debt a company is utilizing to support its assets in relation to the value of its shareholders’ equity. At the time of writing, the total D/E ratio for JPM stands at 1.15. Similarly, the long-term debt-to-equity ratio is also 1.15.

JPM Stock Stochastic Average

The raw stochastic average for JPMorgan Chase & Co. over the last 50 days is presently at 38.49%. This reflects a drop from the raw stochastic average of the previous 20 days, which was noted at 86.38%. Further, the company’s Stochastic %K and %D values for the last 20 days were 68.89% and 50.54%, respectively.

JPM Stock Price Performance Analysis

A mixed performance in the stock price over the year has left investors with either an optimistic or pessimistic outlook, depending on their point of view. The metric has seen a significant gain of 11.19% since the start of this calendar year. Looking back over the last six months, we can see a weaker performance of 14.04%. Over the past 30 days, the price of JPM has leaped by -0.72%. And in the last five days, it has surged by 3.67%.

Leave a Comment

Your email address will not be published. Required fields are marked *

On Key

Related Posts