Stocks of JPMorgan Chase & Co. (NYSE:JPM) traded higher last session on Wall Street, up 0.06% to $193.78.
JPM stock price is now -0.56% away from the 50-day moving average and 13.10% away from the 200-day moving average. The market capitalization of the company currently stands at $556.47B.
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With the price target enhanced from $140 to $190, Deutsche Bank Upgraded its rating from Hold to Buy for JPMorgan Chase & Co. (NYSE: JPM). , while ‘Odeon’ rates the stock as ‘Hold’
In other news, BACON ASHLEY, Chief Risk Officer sold 5,086 shares of the company’s stock on Jun 10 ’24. The stock was sold for $1,014,857 at an average price of $199.54. Upon completion of the transaction, the Chief Risk Officer now directly owns 212,265 shares in the company, valued at $41.13 million. An SEC document containing details of the transaction can be found on the SEC’s website. On May 20 ’24, Chief Information Officer Beer Lori A sold 5,298 shares of the business’s stock. A total of $1,062,989 was realized by selling the stock at an average price of $200.64. This leaves the insider owning 46,375 shares of the company worth $8.99 million. A total of 0.38% of the company’s stock is owned by insiders.
During the past 12 months, JPMorgan Chase & Co. has had a low of $135.19 and a high of $205.88. According to the stock market information, the enterprise value for the company is $-199661191168, which is based on a 11.70 price-to-earnings ratio, a 9.75 price-to-earnings-growth ratio, and a beta of 1.11. The fifty day moving average price for JPM is $194.8412 and a two-hundred day moving average price translates $171.55725 for the stock.
The latest earnings results from JPMorgan Chase & Co. (NYSE: JPM) was released for 2024-03-31. The net profit margin was 19.18% and return on equity was 15.65% for JPM. The company reported revenue of $47.44 billion for the quarter, compared to $37.0 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 28.2 percent.
