Question

Choose a public company in the United States and report on its stock performance. Answer the following questions:

1. Provide a brief company description.
2. What it its stock symbol?
3. What is its current stock price (report the date/time you note the price).
4. What is the number of outstanding shares? What does this say about the company?
5. What is the one week, one month, and one year price range?
6. What are the earnings per share (EPS)? What does this mean?
7. What latest news about this company have been reported and how did the news affect the stock price?
8. Would you invest into this company? If so, would it be long or short-term? Explain.

Do NOT use Apple, Google, Tesla, or Facebook stocks.

Answer 1

1) JP Morgan Chase

JP Morgan Chase is a one of the oldest financial institutions in United States with a history dating back to 200 years. It is ranked in top 5 as one of the world's most attractive employer by business students.It's a leading global financial services holding company and one of the largest banking institutions in United States of America with more than 2 trillion total assets under management.The hedge fund unit of Morgan Chase is the third largest hedgefund in the world.

2) stock symbol of JPMorgan Chase &Co is NYSE : JPM

3) 85.90 US$ May 15, 7:57 PM

4) At the end of first quantites of 2020 , outstanding shares were 3.101 B.lt shows the stock of JPMorgan Chase held by all since it's high, it shows the strength of the company and the belief of investors in its credibility as well as growth.

5) Weekly range - 89.93$- 94.21$ ( may first week)

Monthly range- 82.77$-104.39$ ( April)

Yearly range - 95.94$- 140.08$ (2019)

6) In 2020 , first Quarterly per share earnings of JP Morgan is 78 cents . It shows the portion of JPMorgan & Chase company's profits alloted to each outstanding share of its common stock.

7) Now JP Morgan Chase is currently in news for the amount set aside as loan provision .JP Morgan reported it's highest provision during the reccesion in 2009, which was 8.6 billion dollar. In the first quarter of 2020, even after two solid months in January and February before the quarter tool a sharp turn March , JP Morgan has set aside an equally large provision 8.29 billion dollar. This provision doesn't indicate the existence of a huge loss at present but it's a projection of losses that could occur.

8)l would invest in JPMorgan Chase as the company has Profitable business that stacks up reasonably well against its competitors.Long-term investment is better because as there is chance of estimated earning growth rate of 7 percent for investors in the long run. Current global financial situation is also not suitable for short term investment as the economy will only gradually get back on track.