Invesco QQQ, JPMorgan Chase & Co., Mastercard, Intuit, Bank of America, SoFi Technologies, and Wells Fargo & Company are the seven Bank stocks to watch today, according to MarketBeat's stock screener tool. Bank stocks are equity shares of publicly traded banking institutions that represent partial ownership and entitle shareholders to dividends based on the bank’s lending, deposit, and fee-based activities. Their market performance is driven by factors such as interest rate movements, credit quality, economic cycles and banking regulations. These companies had the highest dollar trading volume of any Bank stocks within the last several days.
Invesco QQQ (QQQ)
PowerShares QQQ Trust, Series 1 is a unit investment trust that issues securities called Nasdaq-100 Index Tracking Stock. The Trust's investment objective is to provide investment results that generally correspond to the price and yield performance of the Nasdaq-100 Index. The Trust provides investors with the opportunity to purchase units of beneficial interest in the Trust representing proportionate undivided interests in the portfolio of securities held by the Trust, which consists of substantially all of the securities, in substantially the same weighting, as the component securities of the Nasdaq-100 Index.
NASDAQ:QQQ traded up $2.52 during mid-day trading on Wednesday, reaching $531.60. The stock had a trading volume of 15,558,784 shares, compared to its average volume of 38,360,996. The stock has a 50-day simple moving average of $496.20 and a two-hundred day simple moving average of $503.08. Invesco QQQ has a 12 month low of $402.39 and a 12 month high of $540.81.
Read Our Latest Research Report on QQQ
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.
Shares of JPM traded up $6.27 during trading hours on Wednesday, reaching $275.79. The stock had a trading volume of 3,724,676 shares, compared to its average volume of 9,498,744. The company's 50-day moving average is $253.87 and its two-hundred day moving average is $250.84. JPMorgan Chase & Co. has a 12 month low of $190.90 and a 12 month high of $280.25. The company has a debt-to-equity ratio of 1.23, a quick ratio of 0.89 and a current ratio of 0.89. The stock has a market capitalization of $766.43 billion, a PE ratio of 13.54, a PEG ratio of 2.74 and a beta of 1.08.
Read Our Latest Research Report on JPM
Mastercard (MA)
Mastercard Incorporated, a technology company, provides transaction processing and other payment-related products and services in the United States and internationally. The company offers integrated products and value-added services for account holders, merchants, financial institutions, digital partners, businesses, governments, and other organizations, such as programs that enable issuers to provide consumers with credits to defer payments; payment products and solutions that allow its customers to access funds in deposit and other accounts; prepaid programs services; and commercial credit, debit, and prepaid payment products and solutions.
NYSE:MA traded down $12.10 during trading hours on Wednesday, hitting $557.35. 1,175,755 shares of the company were exchanged, compared to its average volume of 2,723,687. The company has a fifty day simple moving average of $558.05 and a 200 day simple moving average of $544.46. The company has a current ratio of 1.11, a quick ratio of 1.11 and a debt-to-equity ratio of 2.81. The stock has a market capitalization of $508.14 billion, a price-to-earnings ratio of 39.08, a price-to-earnings-growth ratio of 2.48 and a beta of 1.05. Mastercard has a one year low of $428.86 and a one year high of $594.71.
Read Our Latest Research Report on MA
Intuit (INTU)
Intuit Inc. provides financial management and compliance products and services for consumers, small businesses, self-employed, and accounting professionals in the United States, Canada, and internationally. The company operates in four segments: Small Business & Self-Employed, Consumer, Credit Karma, and ProTax.
Shares of NASDAQ INTU traded down $9.61 during trading on Wednesday, hitting $755.29. 787,694 shares of the company traded hands, compared to its average volume of 1,608,381. Intuit has a fifty-two week low of $532.65 and a fifty-two week high of $773.45. The firm has a market capitalization of $210.69 billion, a price-to-earnings ratio of 61.22, a P/E/G ratio of 3.42 and a beta of 1.28. The business's fifty day moving average is $672.69 and its 200 day moving average is $632.02. The company has a debt-to-equity ratio of 0.29, a quick ratio of 1.45 and a current ratio of 1.45.
Read Our Latest Research Report on INTU
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.
NYSE:BAC traded up $0.80 during trading hours on Wednesday, hitting $45.03. 12,730,075 shares of the company traded hands, compared to its average volume of 39,660,274. Bank of America has a one year low of $33.07 and a one year high of $48.08. The company has a quick ratio of 0.78, a current ratio of 0.79 and a debt-to-equity ratio of 1.11. The company has a market cap of $339.12 billion, a PE ratio of 13.39, a PEG ratio of 1.20 and a beta of 1.30. The firm's 50-day simple moving average is $41.83 and its 200-day simple moving average is $43.34.
Read Our Latest Research Report on BAC
SoFi Technologies (SOFI)
SoFi Technologies, Inc. provides various financial services in the United States, Latin America, and Canada. It operates through three segments: Lending, Technology Platform, and Financial Services. The company offers lending and financial services and products that allows its members to borrow, save, spend, invest, and protect money.
Shares of NASDAQ:SOFI traded up $0.67 during mid-day trading on Wednesday, reaching $15.10. The company had a trading volume of 31,767,435 shares, compared to its average volume of 49,765,215. The company has a current ratio of 0.80, a quick ratio of 0.14 and a debt-to-equity ratio of 0.46. The firm has a market cap of $16.69 billion, a price-to-earnings ratio of 36.87, a PEG ratio of 2.59 and a beta of 1.82. SoFi Technologies has a one year low of $6.01 and a one year high of $18.42. The company's 50-day moving average price is $12.96 and its 200-day moving average price is $13.95.
Read Our Latest Research Report on SOFI
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 WFC traded up $1.99 during midday trading on Wednesday, hitting $74.49. 5,797,845 shares of the company traded hands, compared to its average volume of 17,437,373. The company has a debt-to-equity ratio of 1.06, a current ratio of 0.84 and a quick ratio of 0.84. Wells Fargo & Company has a one year low of $50.15 and a one year high of $81.50. The firm has a market cap of $242.39 billion, a P/E ratio of 13.36, a PEG ratio of 1.23 and a beta of 1.16. The stock has a 50-day moving average of $71.77 and a 200-day moving average of $72.85.
Read Our Latest Research Report on WFC
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