- You can view the full JPMorgan Chase Ratings Report.
The Dow Jones Industrial Average ( ^DJI) is trading down 75.0 points (-0.6%) at 13,164 as of Tuesday, Mar 20, 2012, 12:35 p.m. ET. During this time, 491.5 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 764 issues advancing vs. 2,140 declining with 116 unchanged. The Dow component leading the way higher looks to be JPMorgan Chase (NYSE: JPM), which is sporting a 21-cent gain (+0.5%) bringing the stock to $45.21. Volume for JPMorgan Chase currently sits at 19.4 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 35.3% year to date as of Monday's close. The stock's dividend yield sits at 2.7%. JPMorgan Chase & Co., a financial holding company, provides various financial services worldwide. The company has a P/E ratio of 9.9, 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, notable return on equity, attractive valuation levels and increase in stock price during the past year. We feel these strengths outweigh the fact that the company has had sub par growth in net income.