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Is JPMorgan Chase & Co. (JPM) a Keeper?

JPMorgan Chase & Co. (NYSE:JPM) went up by 0.24% from its latest closing price compared to the recent 1-year high of $159.03. The company’s stock price has collected -3.16% of loss in the last five trading sessions. The Wall Street Journal reported on 01/19/23 that Jamie Dimon Gets $34.5 Million for 2022

Is It Worth Investing in JPMorgan Chase & Co. (NYSE :JPM) Right Now?

JPMorgan Chase & Co. (NYSE:JPM) scored a price-to-earnings ratio above its average ratio, recording 11.18 x from its present earnings ratio. Plus, the 36-month beta value for JPM is at 1.11. Opinions of the stock are interesting as 13 analysts out of 26 who provided ratings for JPMorgan Chase & Co. declared the stock was a “buy,” while 3 rated the stock as “overweight,” 10 rated it as “hold,” and 0 as “sell.”

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The average price from analysts is $156.65, which is $21.84 above the current price. JPM currently public float of 2.91B and currently shorts hold a 0.59% ratio of that float. Today, the average trading volume of JPM was 10.85M shares.

JPM’s Market Performance

JPM stocks went down by -3.16% for the week, with a monthly jump of 3.86% and a quarterly performance of 15.94%, while its annual performance rate touched -9.30%. The volatility ratio for the week stands at 2.89% while the volatility levels for the past 30 days are set at 1.84% for JPMorgan Chase & Co. The simple moving average for the period of the last 20 days is -0.36% for JPM stocks with a simple moving average of 10.14% for the last 200 days.

Analysts’ Opinion of JPM

Many brokerage firms have already submitted their reports for JPM stocks, with Deutsche Bank repeating the rating for JPM by listing it as a “Hold.” The predicted price for JPM in the upcoming period, according to Deutsche Bank is $145 based on the research report published on January 06th of the current year 2023.

Piper Sandler, on the other hand, stated in their research note that they expect to see JPM reach a price target of $150. The rating they have provided for JPM stocks is “Overweight” according to the report published on December 08th, 2022.

Morgan Stanley gave a rating of “Overweight” to JPM, setting the target price at $153 in the report published on December 06th of the previous year.

JPM Trading at 0.61% from the 50-Day Moving Average

After a stumble in the market that brought JPM to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -15.06% of loss for the given period.

Volatility was left at 1.84%, however, over the last 30 days, the volatility rate increased by 2.89%, as shares surge +3.36% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +2.82% upper at present.

During the last 5 trading sessions, JPM fell by -3.16%, which changed the moving average for the period of 200-days by -0.61% in comparison to the 20-day moving average, which settled at $135.79. In addition, JPMorgan Chase & Co. saw 0.73% in overturn over a single year, with a tendency to cut further gains.

Insider Trading

Reports are indicating that there were more than several insider trading activities at JPM starting from HOBSON MELLODY L, who purchase 375 shares at the price of $134.53 back on Jan 19. After this action, HOBSON MELLODY L now owns 22,040 shares of JPMorgan Chase & Co., valued at $50,448 using the latest closing price.

Scher Peter, the Vice Chairman of JPMorgan Chase & Co., sale 4,399 shares at $140.32 during a trade that took place back on Jan 17, which means that Scher Peter is holding 36,369 shares at $617,252 based on the most recent closing price.

Stock Fundamentals for JPM

Current profitability levels for the company are sitting at:

  • +30.00 for the present operating margin

The net margin for JPMorgan Chase & Co. stands at +24.22. Equity return is now at value 14.60, with 1.00 for asset returns.

The liquidity ratio also appears to be rather interesting for investors as it stands at 1.50.