NEW YORK (

TheStreet

) --

JPMorgan Chase

(NYSE:

JPM

) hit a new 52-week low Wednesday as it is currently trading at $31.13, below its previous 52-week low of $31.21 with 37.2 million shares traded as of 3:30 p.m. ET. Average volume has been 43.3 million shares over the past 30 days.

JPMorgan Chase has a market cap of $126.7 billion and is part of the

financial

sector and

banking

industry. Shares are down 23.4% year to date as of the close of trading on Tuesday.

JPMorgan Chase & Co., a financial holding company, provides various financial services worldwide. The company has a P/E ratio of 6.9, equal to the average banking industry P/E ratio and below the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates JPMorgan Chase as a

hold

. The company's strengths can be seen in multiple areas, such as its revenue growth, impressive record of earnings per share growth and increase in net income. However, as a counter to these strengths, we also find weaknesses including generally poor debt management and a generally disappointing performance in the stock itself. You can view the full

JPMorgan Chase Ratings Report

.

See all

52-week low stocks

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.

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