In the past week, JPM stock has gone up by 4.14%, with a monthly decline of -3.02% and a quarterly surge of 12.31%. The volatility ratio for the week is 1.42%, and the volatility levels for the last 30 days are 1.68% for JPMorgan Chase & Co. The simple moving average for the last 20 days is 0.84% for JPM stock, with a simple moving average of 18.11% 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 that is above its average at 11.68x. The stock has a 36-month beta value of 1.11. Opinions on the stock are mixed, with 9 analysts rating it as a “buy,” 4 as “overweight,” 13 as “hold,” and 1 as “sell.”
The public float for JPM is 2.86B, and at present, short sellers hold a 0.70% of that float. On April 29, 2024, the average trading volume of JPM was 8.93M shares.
JPM) stock’s latest price update
JPMorgan Chase & Co. (NYSE: JPM)’s stock price has plunge by 0.06relation to previous closing price of 193.37. Nevertheless, the company has seen a 4.14% surge in its stock price over the last five trading sessions. The Motley Fool reported 2024-04-27 that Members of Congress bought $2.4 million of one FAANG stock in 2023. However, lawmakers didn’t aggressively buy other FAANG stocks that were even bigger winners.
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 2.05% 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 -3.71% of loss for the given period.
Volatility was left at 1.68%, however, over the last 30 days, the volatility rate increased by 1.42%, as shares sank -3.40% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +9.92% upper at present.
During the last 5 trading sessions, JPM rose by +4.14%, which changed the moving average for the period of 200-days by +30.60% in comparison to the 20-day moving average, which settled at $191.54. In addition, JPMorgan Chase & Co. saw 13.75% 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 DIMON JAMES, who sale 178,222 shares at the price of $184.18 back on Apr 15 ’24. After this action, DIMON JAMES now owns 264,461 shares of JPMorgan Chase & Co., valued at $32,824,625 using the latest closing price.
Beer Lori A, the Chief Information Officer of JPMorgan Chase & Co., sale 3,920 shares at $195.36 during a trade that took place back on Mar 25 ’24, which means that Beer Lori A is holding 64,783 shares at $765,805 based on the most recent closing price.
Stock Fundamentals for JPM
Current profitability levels for the company are sitting at:
- 0.41 for the present operating margin
- 0.96 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 16.60, with 1.20 for asset returns.
Based on JPMorgan Chase & Co. (JPM), the company’s capital structure generated 0.65 points at debt to capital in total, while cash flow to debt ratio is standing at 0.2. The debt to equity ratio resting at 1.88. The interest coverage ratio of the stock is 0.72.
Currently, EBITDA for the company is -1.79 billion with net debt to EBITDA at 10.4. When we switch over and look at the enterprise to sales, we see a ratio of 4.8. The receivables turnover for the company is 1.22for trailing twelve months and the total asset turnover is 0.04.
Conclusion
To sum up, JPMorgan Chase & Co. (JPM) has seen a better performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others 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.
