The stock of JPMorgan Chase & Co. (JPM) has gone up by 0.62% for the week, with a 8.63% rise in the past month and a 18.24% rise in the past quarter. The volatility ratio for the week is 1.48%, and the volatility levels for the past 30 days are 1.49% for JPM. The simple moving average for the last 20 days is 4.64% for JPM’s stock, with a simple moving average of 26.06% for the last 200 days.
Is It Worth Investing in JPMorgan Chase & Co. (NYSE: JPM) Right Now?
JPMorgan Chase & Co. (NYSE: JPM) has a price-to-earnings ratio of 12.35x that is above its average ratio. Additionally, the 36-month beta value for JPM is 1.13. There are mixed opinions on the stock, with 13 analysts rating it as a “buy,” 7 rating it as “overweight,” 9 rating it as “hold,” and 0 rating it as “sell.”
The public float for JPM is 2.85B and currently, short sellers hold a 0.75% ratio of that float. The average trading volume of JPM on April 01, 2024 was 8.98M shares.
JPM) stock’s latest price update
JPMorgan Chase & Co. (NYSE: JPM)’s stock price has gone rise by 0.39 in comparison to its previous close of 199.52, however, the company has experienced a 0.62% increase in its stock price over the last five trading days. Seeking Alpha reported 2024-03-30 that JPMorgan is a stable and well-run bank that is able to pay 0.01% on checking and savings accounts despite increasing rates. Preferred shares issued by JPMorgan can be considered bond-like and offer a 5.2% current yield with a potential 13% yield to maturity. The stability of JPMorgan makes its preferred shares a good investment option, with the expectation of principal accretion and minimal credit risk.
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 “Buy.” The predicted price for JPM in the upcoming period, according to Deutsche Bank is $190 based on the research report published on January 09, 2024 of the current year 2024.
Odeon gave a rating of “Hold” to JPM, setting the target price at $140 in the report published on November 02nd of the previous year.
JPM Trading at 10.07% 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 -0.09% of loss for the given period.
Volatility was left at 1.49%, however, over the last 30 days, the volatility rate increased by 1.48%, as shares surge +7.65% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +19.88% upper at present.
During the last 5 trading sessions, JPM rose by +0.62%, which changed the moving average for the period of 200-days by +42.06% in comparison to the 20-day moving average, which settled at $192.14. In addition, JPMorgan Chase & Co. saw 17.75% 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 Beer Lori A, who sale 3,920 shares at the price of $195.36 back on Mar 25 ’24. After this action, Beer Lori A now owns 64,783 shares of JPMorgan Chase & Co., valued at $765,805 using the latest closing price.
DIMON JAMES, the Chairman & CEO of JPMorgan Chase & Co., sale 821,778 shares at $182.73 during a trade that took place back on Feb 22 ’24, which means that DIMON JAMES is holding 595,316 shares at $150,167,221 based on the most recent closing price.
Stock Fundamentals for JPM
Current profitability levels for the company are sitting at:
- 0.4 for the present operating margin
- 0.93 for the gross margin
The net margin for JPMorgan Chase & Co. stands at 0.32. The total capital return value is set at 0.02. Equity return is now at value 15.88, with 1.31 for asset returns.
Based on JPMorgan Chase & Co. (JPM), the company’s capital structure generated 0.57 points at debt to capital in total, while cash flow to debt ratio is standing at 0.03. The debt to equity ratio resting at 1.33. The interest coverage ratio of the stock is 0.76.
When we switch over and look at the enterprise to sales, we see a ratio of 2.51. The receivables turnover for the company is 1.45for trailing twelve months and the total asset turnover is 0.04. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.32.
Conclusion
In conclusion, JPMorgan Chase & Co. (JPM) has seen better performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others rating it as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
