Drilling Down Into JPMorgan Chase & Co. (JPM)

JPMorgan Chase & Co. (JPM) is an interesting player in the Financial space, with a focus on Money Center Banks. The stock has been active on the tape, currently trading at $109.97, down from yesterday’s close by -0.20%. Given the stock’s recent action, it seemed like a good time to take a closer look at the company’s recent data.

Fundamental Analysis

JPMorgan Chase & Co. (JPM) currently trades with a market capitalization of $371.90 Billion. That value represents a market adjusting for revenues that have been growing by 17.64 % on a quarterly year/year basis as of the company’s last quarterly report.

You can get a sense of how sustainable that is by a levered free cash flow of -$3.93 Billion over the past twelve months. Generally speaking, earnings are expected to grow in coming quarters. Analysts are forecasting earnings of $2.23 on a per share basis this quarter. Perhaps, that suggests something about why 0.52% of the outstanding share supply is held by institutional investors.

Technical Analysis

No analysis is ever complete without a thorough survey of a stock’s technical behavior. Looking at the stock’s movement on the chart, JPMorgan Chase & Co. recorded a 52-week high of $119.33. It is now trading 9.36% off that level. The stock is trading $110.58 its 50-day moving average by 0.61%. The stock carved out a 52-week low down at $85.82.

In recent action, JPMorgan Chase & Co. (JPM) has made a move of -2.71% over the past month, which has come on weak relative transaction volume. Over the trailing year, the stock is underperforming the S&P 500 by 14.57, and it’s gotten there by action that has been more volatile on a day-to-day basis than most other stocks on the exchange. In terms of the mechanics underlying that movement, traders will want to note that the stock is trading on a float of 0.69% with $3.38 Billion sitting short, betting on future declines. That suggests something of the likelihood of a short squeeze in shares of JPM.

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