- You can view the full JPMorgan Chase Ratings Report.
The Dow Jones Industrial Average ( ^DJI) is trading up 39 points (+0.3%) at 13,216 as of Wednesday, Mar 14, 2012, 10:35 a.m. ET. During this time, 328.1 million shares of the 30 Dow components have changed hands vs. an average daily trading volume of 818.6 million. The NYSE advances/declines ratio sits at 996 issues advancing vs. 1,865 declining with 114 unchanged. Holding back the Dow today is JPMorgan Chase (NYSE: JPM), which is lagging the broader index with a two-cent decline to $43.37. Volume for JPMorgan Chase currently sits at 27 million shares traded vs. an average daily trading volume of 39.3 million shares. JPMorgan Chase has a market cap of $143.1 billion and is part of the financial sector and banking industry. Shares are up 21.9% year to date as of Tuesday's close. The stock's dividend yield sits at 2.5%. JPMorgan Chase & Co., a financial holding company, provides various financial services worldwide. The company has a P/E ratio of nine, above the average banking industry P/E ratio of 8.4 and below the S&P 500 P/E ratio of 17.7. 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 notable return on equity. We feel these strengths outweigh the fact that the company has had sub par growth in net income.