It’s Not A Fantasy To Think That JPMorgan Chase & Co (JPM) Has Big Future Potential

JPMorgan Chase & Co (NYSE:JPM) currently has a daily average trading volume of 8.81M but it saw 3729085 shares traded in last market. With a market cap of 693.40B USD, the company’s current market price of $242.31 came rising about 1.64 while comparing to the previous closing price of $238.39. In past 52 weeks, the stock remained buoying in the range of price level as high as $254.31 and as low as $164.30. In the recent trading on the day, stock has struck highest price mark of $239.07 while lowest mark touched by it was $242.4922.

Taking a look at 20-day trading activity of JPMorgan Chase & Co (JPM) gives us an average price of $242.40, while its current price level is -4.72% below from 52-week high level whereas it is 47.48% 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 $236.41 while that of 200 days or SMA-200 reads an average of $211.34. A closer look into the stock’s movement over the week reveals that its volatility is standing at 2.45% during that period while stretching the period over a month that decreases to 1.66%. 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 54.20 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% up while it is -2.55% when we observe its performance for the past one month. Year-to-date it is 42.39% up and over the past year, the stock is showing an upside performance of 44.68%.

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 13.48 while having a 14.27 of forward P/E ratio. Stock’s beta reads 1.11. Stock has a price to book (P/B) ratio of 2.10 while price to sale or P/S ratio amounts to 2.52. Its return on asset (ROA) is 1.32% on average.