Today JPMorgan Chase (JPM) Hits New Lifetime High

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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 $1.0 billion.
  • JPM has traded 253,318 shares today.
  • JPM is trading at a new lifetime high.

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More details on JPM:

JPMorgan Chase & Co. 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 2.6%. JPM has a PE ratio of 12. Currently there are 14 analysts that rate JPMorgan Chase a buy, no analysts rate it a sell, and 5 rate it a hold.

The average volume for JPMorgan Chase has been 14.5 million shares per day over the past 30 days. JPMorgan Chase has a market cap of $252.9 billion and is part of the financial sector and banking industry. The stock has a beta of 1.35 and a short float of 1% with 2.51 days to cover. Shares are up 8.9% year-to-date as of the close of trading on Thursday.

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