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Will JPMorgan Chase & Co. (JPM) benefit from Wall Street bulls Calls?

JPMorgan Chase & Co. (NYSE: JPM) is 17.78% higher on its value in year-to-date trading and has touched a low of $135.19 and a high of $217.56 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The JPM stock was last observed hovering at around $194.90 in the last trading session, with the day’s gains setting it 5.44%.

Currently trading at $200.34, the stock is -4.12% and -1.41% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 10.58 million and changing 2.79% at the moment leaves the stock 10.26% off its SMA200. JPM registered 28.41% gain for a year compared to 6-month gain of 14.81%.

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The stock witnessed a -2.35% loss in the last 1 month and extending the period to 3 months gives it a 4.34%, and is -6.90% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.30% over the week and 2.19% over the month.

JPMorgan Chase & Co. (JPM) has around 309926 employees, a market worth around $570.00B and $267.55B in sales. Current P/E ratio is 11.17 and Fwd P/E is 11.67. Profit margin for the company is 19.52%. Distance from 52-week low is 48.19% and -7.92% from its 52-week high. The company has generated returns on investments over the last 12 months (6.78%).

with sales reaching $38.16B over the same period.The EPS is expected to grow by 9.39% this year, but quarterly earnings will post 7.50% year-over-year. Quarterly sales are estimated to shrink -3.80% in year-over-year returns.

JPMorgan Chase & Co. (JPM) Top Institutional Holders

The shares outstanding are 2.88B, and float is at 2.83B with Short Float at 0.80%.

JPMorgan Chase & Co. (JPM) Insider Activity

The most recent transaction is an insider sale by Friedman Stacey,the company’sGeneral Counsel. SEC filings show that Friedman Stacey sold 4,415 shares of the company’s common stock on Jun 20 ’24 at a price of $197.58 per share for a total of $0.87 million. Following the sale, the insider now owns 37709.0 shares.

JPMorgan Chase & Co. disclosed in a document filed with the SEC on Jun 10 ’24 that BACON ASHLEY (Chief Risk Officer) sold a total of 5,086 shares of the company’s common stock. The trade occurred on Jun 10 ’24 and was made at $199.54 per share for $1.01 million. Following the transaction, the insider now directly holds 0.21 million shares of the JPM stock.

Still, SEC filings show that on May 20 ’24, Beer Lori A (Chief Information Officer) disposed off 5,298 shares at an average price of $200.64 for $1.06 million. The insider now directly holds 46,375 shares of JPMorgan Chase & Co. (JPM).

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