A stock’s 52-week high and low prices can offer a wealth of information about its current standing and prospective future performance. JPMorgan Chase & Co’s current trading price is -4.39% away from its 52-week high, while its distance from the 52-week low is 50.91%. The stock’s price range for this time frame has been between $190.90 and $301.29. The trading volume of the company’s shares in the Financial reached around 2.85 million for the day, which was evidently lower than the average daily volume of 8.59 million over the last three months.
Currently, the stock price of JPMorgan Chase & Co (JPM) is $288.08. In the most recent trading session, the stock underwent a significant upswing, peaking at $350.0 after opening at $288.63. The stock touched a low of $235.0 before closing at $294.26.
JPMorgan Chase & Co’s stock has had a calm market performance.
How Financial Performance Impacts Market Capitalization
JPMorgan Chase & Co (JPM) has experienced a quarterly rise of 14.06% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 800.60B and boasts a workforce of 317233 employees.
Decoding Analysts’ Ratings for JPMorgan Chase & Co
As of right now, 9 analysts are rating JPMorgan Chase & Co as a BUY, 5 of the polled analysts branded the stock as an OVERWEIGHT, 7 analysts are recommending to HOLD this stock, 1 of them gave the stock UNDERWEIGHT rating, and 2 analysts are rating the stock as SELL.
The Role of Moving Averages and Trading Volume in Technical Analysis
Based on Barchart.com data, the company’s moving average over the 100-day period was 262.46, with a change in price of +61.16. Similarly, JPMorgan Chase & Co recorded 9,978,517 in trading volume during the last 100 days, posting a change of +26.84%.
How JPM’s Debt-to-Equity Ratio Affects Financial Health
A company’s financial condition and market reputation can be evaluated using the debt-to-equity (D/E) ratio. This ratio, calculated by dividing a company’s total liabilities by its shareholders’ equity, indicates the proportion of debt a company employs to back its assets in relation to its shareholders’ equity. At the time of writing, the total D/E ratio for JPM stands at 3.03. Similarly, the long-term debt-to-equity ratio is also 1.18.
JPM Stock Stochastic Average
The raw stochastic average for JPMorgan Chase & Co over the last 50 days is presently at 72.99%. This reflects a surge from the raw stochastic average of the previous 20 days, which was noted at 34.98%. Further, the company’s Stochastic %K and %D values for the last 20 days were 48.21% and 60.15%, respectively.
JPM Stock Price Performance Analysis
Investors’ outlook regarding the stock price performance over the year has been a mixed bag, with a range of optimism to pessimism depending on their perspective. This year’s metric has recorded a Price increase of 38.53%. However, over the past six months, we’ve seen a weaker performance of 7.97%. The price of JPM leaped by -1.33% over the last 30 days. And in the last five days, it has fallen by -3.02%.