JP Morgan Chase closes at $139.12, up 0.48%, adding one more to its 4th straight day of gains

Published: January 26 2023, 06:05 GMT+0

JP Morgan Chase closes at $139.12, up 0.48%, adding one more to its 4th straight day of gains

A quick look at yesterday: JP Morgan Chase recovered from the previous trading session's losses and went up to $139.12 yesterday after it traded lower at $137.25.

  • The day's trading volume totalled 7.54 million shares — slightly under the 21-day average of 10 million.
  • JP Morgan Chase's board sets quarterly dividend of $one per share to be paid on Tuesday, January 31st; annual dividend yield esimated at 2.88%.

With around 8 hours until market open on the New York Stock Exchange, yesterday's session saw to it that S&P 500 performed relatively strongly, finishing the day at 4,016.22. Dow Jones performed relatively strongly, finishing the day at 33,744. JP Morgan Chase climbed to $138.45 with similar gains seen throughout the Financial Services sector (up 0.13%).

3 months ago, the financial services company fell to a low of $101.96 but has since recovered 35.79%. So far this year, it has been beating the Dow Jones by 0.66%. The company has a market cap of $408.22 billion with an average daily trading volume of 10 million shares. JP Morgan Chase has a forecast of $34.34 billion with an EPS of $3.11.

JP Morgan Chase disclosed a quarterly dividend of $one per share on Tuesday, December 13th — to be paid on Tuesday, January 31st to all shareholders of record up until Friday, January 6th. The company's decision delivers JP Morgan Chase shareholders with an annual dividend yield of 2.88%.

A look at other financials stocks also showed bullish price action as Wells Fargo & Company traded at $45.34 after closing yesterday's trading day at $44.45 (up 2%). HSBC Holdings was up 1.06%.

While JP Morgan Chase was bullish yesterday, the following financials stocks underperformed: HDFC Bank Limited closed at $66.93 (down 6.31%).

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