Investors Are Waking Up To JPMorgan Chase & Co (NYSE: JPM) After Rising 50.47% Over The Past 12 Months

JPMorgan Chase & Co (NYSE:JPM) currently has a daily average trading volume of 8.59M but it saw 6099674 shares traded in last market. With a market cap of 679.99B USD, the company’s current market price of $241.53 came falling about -0.82 while comparing to the previous closing price of $243.53. In past 52 weeks, the stock remained buoying in the range of price level as high as $254.31 and as low as $158.88. In the recent trading on the day, stock has struck highest price mark of $241.04 while lowest mark touched by it was $244.1.

Taking a look at 20-day trading activity of JPMorgan Chase & Co (JPM) gives us an average price of $245.41, while its current price level is -5.03% below from 52-week high level whereas it is 52.02% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $232.59 while that of 200 days or SMA-200 reads an average of $209.35. A closer look into the stock’s movement over the week reveals that its volatility is standing at 1.47% during that period while stretching the period over a month that increases to 1.61%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 50.89 which implies that the stock is in neutral territory.

Robert W. Baird downgraded its recommendation for the stock as a “Underperform” from “Neutral” on November 07, 2024 while assigning a price target of $200. Morgan Stanley also issued its recommendations for the stock as it downgraded the price target for the stock in the range of between $220 and $224.

Over the week, JPM’s stock price is moving -1.61% down while it is 0.82% when we observe its performance for the past one month. Year-to-date it is 41.99% up and over the past year, the stock is showing an upside performance of 50.47%.

Currently, JPMorgan Chase & Co’s total number of outstanding shares is 2.82B. Company’s return on investment (ROI) stands at 6.59% and return on equity (ROE) at 16.12%. It has a price to earnings ratio (P/E ratio) of 13.44 while having a 14.26 of forward P/E ratio. Stock’s beta reads 1.10. Stock has a price to book (P/B) ratio of 2.10 while price to sale or P/S ratio amounts to 2.48. Its return on asset (ROA) is 1.32% on average.