JP Morgan Chase and Co's Shares Went Up By 0.74%
The financial holding company shares have went up during the last trading session and have traded at a share price of $61.42.
During the intraday trade on Thursday, JP Morgan Chase and Co. went up by 0.74% and was trading at a share price of $61.42. By the end of the trade the shares volume was at 16,863,215 shares with a P/E ratio of 11.09.
The financial services company has a market capital of 221.29 billion and it reported earnings per share of 5.54 as of October 2, 2015. In one year’s time, the financial institution saw a lowest share price of $50.07 and 52-week high share price of $70.61. For the quarter, earnings per share were reported at $1.54 while the analysts had estimated EPS to be between $1.44 and $0.10. In the previous year, the business reported earnings per share of $1.46. For the quarter, the financial company had revenue of $24.53 billion; the stock experts had predicted the same revenue for the quarter.
A dividend will be paid on October 31, 2015 which the company just disclosed. Insider Trading was also reported by the company. The company revealed buying and selling activity to SEC, informing them that Mary E.Erodes, Director of JP Morgan Chase and Co., sold 13,022 shares of the financial company. This stock transaction was worth $899,429.54 as the shares were sold at an average share price of $69.07. This information was disclosed on a Form 4 legal filing which the be opened through the SEC website. This stock transaction was conducted on July 15, 2015 (Wednesday). Another trading activity was performed by Ashley Bacon who sold 32,882 shares of the financial institution. This transaction was worth $2,271,159.74 as the stock was sold at an average share price of $69.07 and was done on July 15, 2015.
By the investment analysts at Vetr, the rating has been downgraded to “buy” from an initial rating of “strong buy” according to the report submitted by the analysts of the research company on Thursday. On the financial services provider’s stock, the analysts at Vetr have estimated a target price of $68.04. Sanford C. Bernstein has given a rating of “out-perform” to the financial holding company which it issued in a research report on July 14, 2015. Zacks has lowered the rating on the shares of JP Morgan and from a rating of “Hold” they have been given a rating of “sell” which they reported on September 21, 2015. Nineteen analysts have the company have suggested a rating of “buy” while five have recommended a “Hold” on the shares of the finance company. Average rating of the company is at a “buy” right now with an estimate target price of $71.20.
