JPMorgan Chase Stock Hits New 52-Week High (JPM)

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model.

NEW YORK ( TheStreet) -- JPMorgan Chase (NYSE: JPM) hit a new 52-week high Tuesday as it is currently trading at $48.10, above its previous 52-week high of $48 with 2.2 million shares traded as of 9:40 a.m. ET. Average volume has been 23.5 million shares over the past 30 days.

JPMorgan Chase has a market cap of $181.9 billion and is part of the financial sector and banking industry. Shares are up 8.8% year to date as of the close of trading on Monday.

JPMorgan Chase & Co., a financial holding company, provides various financial services worldwide. The company has a P/E ratio of 10.1, below the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates JPMorgan Chase as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, impressive record of earnings per share growth, increase in net income and attractive valuation levels. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated. You can view the full JPMorgan Chase Ratings Report.

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