Invesco QQQ, JPMorgan Chase & Co., Bank of America, SoFi Technologies, Mastercard, Citigroup, and Vertiv are the seven Bank stocks to watch today, according to MarketBeat's stock screener tool. Bank stocks are equity shares of financial institutions that operate as banks and are traded on public stock exchanges. They represent ownership in the bank, entitling shareholders to a proportional share of profits through dividends and potential capital gains. Because banks derive revenue primarily from interest-rate spreads and lending activities, their stock prices are especially sensitive to changes in monetary policy, credit-market conditions, 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.
Shares of QQQ traded down $11.13 during mid-day trading on Friday, hitting $553.88. 69,290,965 shares of the stock were exchanged, compared to its average volume of 40,141,440. Invesco QQQ has a 52-week low of $402.39 and a 52-week high of $574.63. The firm has a 50-day moving average of $544.01 and a two-hundred day moving average of $510.69.
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.
NYSE:JPM traded down $7.03 during midday trading on Friday, hitting $289.21. 12,005,470 shares of the company traded hands, compared to its average volume of 8,727,902. The firm's fifty day moving average is $281.04 and its 200-day moving average is $261.64. JPMorgan Chase & Co. has a 12-month low of $190.90 and a 12-month high of $301.29. The firm has a market capitalization of $803.74 billion, a P/E ratio of 14.84, a P/E/G ratio of 1.95 and a beta of 1.11. The company has a current ratio of 0.88, a quick ratio of 0.89 and a debt-to-equity ratio of 1.25.
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.
Bank of America stock traded down $1.62 during mid-day trading on Friday, hitting $45.65. The company's stock had a trading volume of 52,302,841 shares, compared to its average volume of 39,411,248. The company has a 50 day moving average of $46.27 and a 200-day moving average of $43.79. The stock has a market cap of $343.83 billion, a PE ratio of 13.35, a P/E/G ratio of 1.78 and a beta of 1.31. The company has a debt-to-equity ratio of 1.14, a quick ratio of 0.79 and a current ratio of 0.80. Bank of America has a one year low of $33.06 and a one year high of $49.31.
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.
SoFi Technologies stock traded down $1.35 during mid-day trading on Friday, hitting $21.23. The company's stock had a trading volume of 89,110,938 shares, compared to its average volume of 78,996,248. The company has a 50 day moving average of $17.59 and a 200-day moving average of $14.87. The stock has a market cap of $23.47 billion, a PE ratio of 44.23, a P/E/G ratio of 2.52 and a beta of 1.92. The company has a debt-to-equity ratio of 0.46, a quick ratio of 0.14 and a current ratio of 0.80. SoFi Technologies has a one year low of $6.01 and a one year high of $25.11.
Read Our Latest Research Report on SOFI
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.
Mastercard stock traded down $6.74 during mid-day trading on Friday, hitting $559.73. The company's stock had a trading volume of 3,316,713 shares, compared to its average volume of 2,427,760. The company has a 50 day moving average of $564.58 and a 200-day moving average of $551.95. The stock has a market cap of $510.31 billion, a PE ratio of 37.74, a P/E/G ratio of 2.43 and a beta of 1.03. The company has a debt-to-equity ratio of 2.41, a quick ratio of 1.11 and a current ratio of 1.16. Mastercard has a one year low of $439.59 and a one year high of $594.71.
Read Our Latest Research Report on MA
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 down $1.86 during midday trading on Friday, reaching $91.84. 17,720,586 shares of the stock were exchanged, compared to its average volume of 15,836,717. Citigroup has a 52 week low of $53.51 and a 52 week high of $96.90. The company has a current ratio of 0.99, a quick ratio of 0.98 and a debt-to-equity ratio of 1.61. The company's 50 day moving average is $84.36 and its two-hundred day moving average is $76.97. The company has a market capitalization of $171.53 billion, a P/E ratio of 13.57, a PEG ratio of 0.79 and a beta of 1.38.
Read Our Latest Research Report on C
Vertiv (VRT)
Vertiv Holdings Co, together with its subsidiaries, designs, manufactures, and services critical digital infrastructure technologies and life cycle services for data centers, communication networks, and commercial and industrial environments in the Americas, the Asia Pacific, Europe, the Middle East, and Africa.
Shares of VRT traded down $3.94 during midday trading on Friday, reaching $141.66. 10,317,134 shares of the stock were exchanged, compared to its average volume of 8,340,559. Vertiv has a 52 week low of $53.60 and a 52 week high of $155.84. The company has a current ratio of 1.74, a quick ratio of 1.28 and a debt-to-equity ratio of 0.93. The company's 50 day moving average is $122.46 and its two-hundred day moving average is $104.68. The company has a market capitalization of $53.99 billion, a P/E ratio of 67.78, a PEG ratio of 1.32 and a beta of 1.77.
Read Our Latest Research Report on VRT
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