JPMorgan Chase (JPM) Hits New Lifetime High Today

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Trade-Ideas LLC identified JPMorgan Chase ( JPM) as a new lifetime high candidate. In addition to specific proprietary factors, Trade-Ideas identified JPMorgan Chase as such a stock due to the following factors:

  • JPM has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $984.5 million.
  • JPM has traded 16,199 shares today.
  • JPM is trading at a new lifetime high.

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More details on JPM:

JPMorgan Chase & Co., a financial holding company, provides various financial services worldwide. The company operates through four segments: Consumer & Community Banking, Corporate & Investment Bank, Commercial Banking, and Asset Management. The stock currently has a dividend yield of 2.4%. JPM has a PE ratio of 12. Currently there are 15 analysts that rate JPMorgan Chase a buy, no analysts rate it a sell, and 4 rate it a hold.

The average volume for JPMorgan Chase has been 15.4 million shares per day over the past 30 days. JPMorgan Chase has a market cap of $242.9 billion and is part of the financial sector and banking industry. The stock has a beta of 1.77 and a short float of 0.8% with 2.14 days to cover. Shares are up 4.6% year-to-date as of the close of trading on Tuesday.

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