The price of JPMorgan Chase & Co. (NYSE:JPM) shares last traded on Wall Street rose 1.55% to $202.26.
JPM stock price is now 3.28% away from the 50-day moving average and 16.48% away from the 200-day moving average. The market capitalization of the company currently stands at $580.82B.
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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, Friedman Stacey, General Counsel sold 4,415 shares of the company’s stock on Jun 20 ’24. The stock was sold for $872,311 at an average price of $197.58. Upon completion of the transaction, the General Counsel now directly owns 37,709 shares in the company, valued at $7.63 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Jun 10 ’24, Chief Risk Officer BACON ASHLEY sold 5,086 shares of the business’s stock. A total of $1,014,857 was realized by selling the stock at an average price of $199.54. This leaves the insider owning 212,265 shares of the company worth $42.93 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 -$175309455360, which is based on a 12.21 price-to-earnings ratio, a 10.18 price-to-earnings-growth ratio, and a beta of 1.11. The fifty day moving average price for JPM is $196.2856 and a two-hundred day moving average price translates $173.92195 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.
