JPMorgan Chase & Co (NYSE:JPM) shares traded -0.07% lower at $262.84 on Wall Street last session.
JPM stock price is now 7.74% away from the 50-day moving average and 21.84% away from the 200-day moving average. The market capitalization of the company currently stands at $739.98B.
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With the price target maintained at $269, Wolfe Research recently Upgraded its rating from Peer Perform to Outperform for JPMorgan Chase & Co (NYSE: JPM). , while ‘Robert W. Baird’ rates the stock as ‘Underperform’
In other news, Lake Marianne, CEO CCB sold 4,233 shares of the company’s stock on Jan 16 ’25. The stock was sold for $1,075,203 at an average price of $254.00. Upon completion of the transaction, the CEO CCB now directly owns 118,507 shares in the company, valued at $31.15 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Jan 16 ’25, Co-CEO CIB Petno Douglas B sold 3,491 shares of the business’s stock. A total of $886,565 was realized by selling the stock at an average price of $253.96. This leaves the insider owning 338,935 shares of the company worth $89.09 million. A total of 0.40% of the company’s stock is owned by insiders.
During the past 12 months, JPMorgan Chase & Co has had a low of $168.44 and a high of $264.25. According to the stock market information, the enterprise value for the company is $223516295168, which is based on a 13.31 price-to-earnings ratio, a 5.07 price-to-earnings-growth ratio, and a beta of 1.11. The fifty day moving average price for JPM is $243.961 and a two-hundred day moving average price translates $215.7273 for the stock.
The latest earnings results from JPMorgan Chase & Co (NYSE: JPM) was released for 2024-09-30. The net profit margin was 20.41% and return on equity was 17.28% 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 $43.6B in revenue.
