Invesco QQQ, JPMorgan Chase & Co., Bank of America, NU, Mastercard, Citigroup, and Wells Fargo & Company are the seven Bank stocks to watch today, according to MarketBeat's stock screener tool. Bank stocks are shares of ownership in publicly traded banking institutions, such as commercial banks, savings banks, and investment banks. Owning these shares entitles investors to a portion of the bank’s profits through dividends and potential capital appreciation. Because banks’ earnings are closely tied to interest rates, loan demand, and regulatory changes, bank stocks can be more sensitive to economic cycles than some other types of equities. 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 $1.87 during mid-day trading on Friday, reaching $548.09. The stock had a trading volume of 57,440,636 shares, compared to its average volume of 38,990,169. The stock's 50 day simple moving average is $509.76 and its two-hundred day simple moving average is $504.06. Invesco QQQ has a 1-year low of $402.39 and a 1-year high of $549.99.
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 $1.45 during trading hours on Friday, reaching $287.31. The company's stock had a trading volume of 17,851,223 shares, compared to its average volume of 9,536,234. The company has a current ratio of 0.89, a quick ratio of 0.89 and a debt-to-equity ratio of 1.23. The business has a 50-day simple moving average of $261.55 and a 200 day simple moving average of $252.76. JPMorgan Chase & Co. has a 52 week low of $190.90 and a 52 week high of $289.41. The stock has a market cap of $798.45 billion, a PE ratio of 14.10, a PEG ratio of 2.69 and a beta of 1.08.
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 BAC traded down $0.35 during mid-day trading on Friday, reaching $47.11. 56,663,548 shares of the company's stock traded hands, compared to its average volume of 39,974,881. The business's 50-day moving average price is $43.31 and its 200-day moving average price is $43.35. The stock has a market capitalization of $354.85 billion, a P/E ratio of 14.02, a price-to-earnings-growth ratio of 1.28 and a beta of 1.30. The company has a debt-to-equity ratio of 1.11, a quick ratio of 0.78 and a current ratio of 0.79. Bank of America has a 12 month low of $33.07 and a 12 month high of $48.08.
Read Our Latest Research Report on BAC
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.
NYSE:NU traded down $0.18 during midday trading on Friday, hitting $13.22. 186,366,995 shares of the stock were exchanged, compared to its average volume of 47,010,189. NU has a one year low of $9.01 and a one year high of $16.15. The company has a market capitalization of $63.68 billion, a price-to-earnings ratio of 30.73, a P/E/G ratio of 0.77 and a beta of 1.04. The business has a 50-day moving average price of $12.35 and a two-hundred day moving average price of $11.75. The company has a current ratio of 0.54, a quick ratio of 0.54 and a debt-to-equity ratio of 0.20.
Read Our Latest Research Report on NU
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.
Shares of NYSE MA traded up $6.21 during trading on Friday, hitting $552.02. The company had a trading volume of 3,836,616 shares, compared to its average volume of 2,667,189. The company has a market cap of $503.28 billion, a P/E ratio of 38.71, a PEG ratio of 2.38 and a beta of 1.05. Mastercard has a 52 week low of $428.86 and a 52 week high of $594.71. The business's 50-day moving average is $563.13 and its 200 day moving average is $545.36. The company has a debt-to-equity ratio of 2.81, a quick ratio of 1.11 and a current ratio of 1.11.
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.
NYSE C traded up $0.04 on Friday, hitting $84.41. 21,831,230 shares of the stock were exchanged, compared to its average volume of 14,593,633. Citigroup has a 52-week low of $53.51 and a 52-week high of $84.79. The company has a debt-to-equity ratio of 1.52, a current ratio of 0.98 and a quick ratio of 0.98. The company has a market capitalization of $157.66 billion, a price-to-earnings ratio of 13.33, a P/E/G ratio of 0.65 and a beta of 1.33. The company's 50-day moving average price is $74.53 and its two-hundred day moving average price is $73.62.
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 $0.54 on Friday, hitting $79.42. 21,282,981 shares of the company traded hands, compared to its average volume of 17,323,130. The company has a 50-day moving average price of $73.88 and a 200 day moving average price of $73.06. The company has a quick ratio of 0.84, a current ratio of 0.84 and a debt-to-equity ratio of 1.06. Wells Fargo & Company has a 12-month low of $50.15 and a 12-month high of $81.50. The company has a market cap of $258.44 billion, a PE ratio of 14.26, a PEG ratio of 1.34 and a beta of 1.16.
Read Our Latest Research Report on WFC
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