JPMorgan Chase & Co (JPM): Today's Featured Banking Laggard

JPMorgan Chase (JPM) pushed the Banking industry lower today making it today's featured Banking laggard. The industry as a whole closed the day down 0.7%. By the end of trading, JPMorgan Chase fell 50 cents (-1.4%) to $34.46 on light volume. Throughout the day, 34 million shares of JPMorgan Chase exchanged hands as compared to its average daily volume of 49.2 million shares. The stock ranged in price between $34.31-$35.17 after having opened the day at $35.02 as compared to the previous trading day's close of $34.96. Other company's within the Banking industry that declined today were: Credit Suisse (DWTI), down 10.4%, TCF Financial Corporation (TCB), down 9.8%, Community Bank Shares of Indiana (CBIN), down 9%, and Central Federal (CFBK), down 8%.

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JPMorgan Chase & Co., a financial holding company, provides various financial services worldwide. JPMorgan Chase has a market cap of $133.2 billion and is part of the financial sector. The company has a P/E ratio of eight, above the average banking industry P/E ratio of 7.9 and below the S&P 500 P/E ratio of 17.7. Shares are up 5.1% year to date as of the close of trading on Wednesday. Currently there are 17 analysts that rate JPMorgan Chase a buy, two analysts rate it a sell, and five rate it a hold.

TheStreet Ratings rates JPMorgan Chase as a buy. The company's strengths can be seen in multiple areas, such as its expanding profit margins, good cash flow from operations and growth in earnings per share. We feel these strengths outweigh the fact that the company has had generally poor debt management on most measures that we evaluated.

• You can view the full JPMorgan Chase Ratings Report.

On the positive front, Guaranty Federal (GFED), up 17.2%, Farmers Capital Bank Corporation (FFKT), up 15.4%, Credit Suisse (LCPR), up 9.3%, and VelocityShares 3x Long Crude ETN (UWTI), up 8.3%, were all gainers within the banking industry with Wells Fargo (WFC) being today's featured banking industry leader.

• Use our banking section to find industry-relevant news.
• Or find some new ideas from our top rated stocks lists.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the banking industry could consider KBW Bank ETF (KBE) while those bearish on the banking industry could consider ProShares Short KBW Regional Bankng (KRS).

• Find other investment ideas from our top rated ETFs lists.

For more information on JPMorgan Chase & Co click any of the following:

• JPMorgan Chase & Co Stock Price

• JPMorgan Chase & Co Analyst Ratings

• JPMorgan Chase & Co Key Stats & Profile

• JPMorgan Chase & Co Earnings

• JPMorgan Chase & Co Ratio Comparison

• JPMorgan Chase & Co Growth Rates

• JPMorgan Chase & Co Balance Sheet

• JPMorgan Chase & Co Cash Flow

• JPMorgan Chase & Co Income Statement