Bank Stocks To Follow Today – November 8th

by · The Cerbat Gem

JPMorgan Chase & Co., Bank of America, Citigroup, Wells Fargo & Company, and NU are the five Bank stocks to watch today, according to MarketBeat’s stock screener tool. Bank stocks are shares of publicly traded banks and other financial institutions, giving investors partial ownership in those companies. Their value can be influenced by interest rates, loan demand, credit losses, and the overall health of the economy. These companies had the highest dollar trading volume of any Bank stocks within the last several days.

JPMorgan Chase & Co. (JPM)

JPMorgan Chase & Co. is a financial holding company, which engages in the provision of financial and investment banking services. It focuses on investment banking, financial services for consumers and small businesses, commercial banking, financial transaction processing, and asset management. It operates through the following segments: Consumer and Community Banking (CCB), Commercial and Investment Bank (CIB), Asset and Wealth Management (AWM), and Corporate.

JPMorgan Chase & Co. stock traded down $2.67 during trading on Friday, reaching $334.67. The stock had a trading volume of 7,818,025 shares, compared to its average volume of 7,385,424. JPMorgan Chase & Co. has a 52-week low of $279.10 and a 52-week high of $366.50. The business has a 50 day moving average price of $341.87 and a 200 day moving average price of $323.78. The company has a quick ratio of 0.85, a current ratio of 0.85 and a debt-to-equity ratio of 1.31. The stock has a market cap of $888.75 billion, a PE ratio of 14.04, a P/E/G ratio of 1.32 and a beta of 1.03.

Read Our Latest Research Report on JPM

Bank of America (BAC)

Bank of America Corporation, through its subsidiaries, provides banking and financial products and services for individual consumers, small and middle-market businesses, institutional investors, large corporations, and governments worldwide. It operates in four segments: Consumer Banking, Global Wealth & Investment Management (GWIM), Global Banking, and Global Markets.

Shares of NYSE:BAC traded down $0.22 during trading hours on Friday, reaching $49.54. The stock had a trading volume of 36,218,043 shares, compared to its average volume of 43,946,860. Bank of America has a 1 year low of $46.12 and a 1 year high of $65.22. The firm’s 50 day moving average is $55.24 and its 200-day moving average is $54.89. The company has a debt-to-equity ratio of 1.17, a quick ratio of 0.82 and a current ratio of 0.82. The stock has a market capitalization of $341.82 billion, a price-to-earnings ratio of 11.77, a P/E/G ratio of 0.87 and a beta of 1.19.

Read Our Latest Research Report on BAC

Citigroup (C)

Citigroup Inc., a diversified financial service holding company, provides various financial product and services to consumers, corporations, governments, and institutions worldwide. It operates through five segments: Services, Markets, Banking, U.S. Personal Banking, and Wealth. The Services segment includes Treasury and Trade Solutions, which provides cash management, trade, and working capital solutions to multinational corporations, financial institutions, and public sector organizations; and Securities Services, such as cross-border support for clients, local market expertise, post-trade technologies, data solutions, and various securities services solutions.

Shares of C traded up $0.71 during midday trading on Friday, reaching $119.16. The stock had a trading volume of 12,241,255 shares, compared to its average volume of 10,258,462. Citigroup has a 1-year low of $95.83 and a 1-year high of $147.96. The company’s fifty day simple moving average is $128.92 and its two-hundred day simple moving average is $126.60. The company has a market cap of $203.24 billion, a price-to-earnings ratio of 11.63, a PEG ratio of 0.52 and a beta of 1.18. The company has a debt-to-equity ratio of 1.78, a current ratio of 1.00 and a quick ratio of 0.99.

Read Our Latest Research Report on C

Wells Fargo & Company (WFC)

Wells Fargo & Co. is a diversified and community-based financial services company, which engages in the provision of banking, insurance, investments, mortgage, and consumer and commercial finance products and services. It operates through the following segments: Consumer Banking and Lending, Commercial Banking, Corporate and Investment Banking, and Wealth and Investment Management.

Shares of Wells Fargo & Company stock traded down $0.81 during trading on Friday, hitting $83.99. 11,741,050 shares of the stock were exchanged, compared to its average volume of 16,582,235. The company has a debt-to-equity ratio of 1.14, a current ratio of 0.89 and a quick ratio of 0.89. The firm’s 50-day moving average price is $84.41 and its 200 day moving average price is $83.60. The stock has a market cap of $252.11 billion, a price-to-earnings ratio of 11.85, a price-to-earnings-growth ratio of 0.90 and a beta of 0.93. Wells Fargo & Company has a 12-month low of $72.78 and a 12-month high of $97.76.

Read Our Latest Research Report on WFC

NU (NU)

Nu Holdings Ltd. is a holding company, which engages in the provision of digital banking services. The company was founded by David Vélez Osorno, Cristina Helena Zingaretti Junqueira, and Adam Edward Wible on February 26, 2016 and is headquartered in George Town, Cayman Islands.

Shares of NU traded up $0.27 during mid-day trading on Friday, reaching $12.01. The company’s stock had a trading volume of 58,344,496 shares, compared to its average volume of 88,711,936. The company has a debt-to-equity ratio of 0.35, a current ratio of 0.55 and a quick ratio of 0.55. NU has a 12-month low of $11.20 and a 12-month high of $18.98. The stock has a market cap of $58.31 billion, a PE ratio of 16.23, a price-to-earnings-growth ratio of 0.50 and a beta of 0.97. The company’s 50 day moving average is $14.01 and its 200 day moving average is $14.36.

Read Our Latest Research Report on NU

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