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 $116.25, down from yesterday’s close by -1.20%. 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 $406.14 Billion. That value represents a market adjusting for revenues that have been growing by 17.47 % 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 $30.69 Billion over the past twelve months. Generally speaking, earnings are expected to fall in coming quarters. Analysts are forecasting earnings of $2.25 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

As most professionals know, technical analysis can offer critical insights into what smart money and insiders think about a stock’s prospects going forward. Looking at the stock’s movement on the chart, JPMorgan Chase & Co. recorded a 52-week high of $119.33. It is now trading 3.08% off that level. The stock is trading $113.42 its 50-day moving average by -2.83%. The stock carved out a 52-week low down at $81.64.

In recent action, JPMorgan Chase & Co. (JPM) has made a move of +4.04% over the past month, which has come on Strong relative transaction volume. Over the trailing year, the stock is underperforming the S&P 500 by 16.68, 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 0.91% with $3.44 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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