The stock of JPMorgan Chase & Co (NYSE:JPM) last traded at $238.36, down -0.51% from the previous session.
JPM stock price is now 1.69% away from the 50-day moving average and 13.43% away from the 200-day moving average. The market capitalization of the company currently stands at $671.06B.
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On November 07, 2024, Robert W. Baird Downgraded its previous ‘Neutral’ rating to ‘Underperform’ on the stock keeping its target price maintained at $200, while ‘Morgan Stanley’ rates the stock as ‘Equal-Weight’
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 $8.99 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 $50.6 million. A total of 0.39% of the company’s stock is owned by insiders.
During the past 12 months, JPMorgan Chase & Co has had a low of $164.30 and a high of $254.31. According to the stock market information, the enterprise value for the company is $197868535808, which is based on a 13.26 price-to-earnings ratio, a 7.94 price-to-earnings-growth ratio, and a beta of 1.10. The fifty day moving average price for JPM is $233.8488 and a two-hundred day moving average price translates $209.88855 for the stock.
The latest earnings results from JPMorgan Chase & Co (NYSE: JPM) was released for 2024-09-30. The net profit margin was 18.96% and return on equity was 16.12% for JPM. The company reported revenue of $50.42 billion for the quarter, compared to $44.56 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 13.15 percent. For the current quarter, analysts expect JPM to generate $41B in revenue.
