Invesco QQQ, NU, JPMorgan Chase & Co., Bank of America, Intuit, Mastercard, and Capital One Financial are the seven Bank stocks to watch today, according to MarketBeat's stock screener tool. Bank stocks are shares of publicly traded banking institutions, representing partial ownership in companies that accept deposits, make loans and provide financial services. Investors buy bank stocks to participate in the bank’s profits through dividends and potential stock-price gains. Because banks’ earnings depend heavily on interest-rate spreads, credit quality and economic activity, bank stock performance often tracks changes in monetary policy and overall financial conditions. 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 stock traded down $3.56 during trading on Friday, hitting $576.33. The company's stock had a trading volume of 28,305,361 shares, compared to its average volume of 44,692,406. The business has a fifty day moving average of $553.18 and a 200-day moving average of $513.78. Invesco QQQ has a 52 week low of $402.39 and a 52 week high of $583.32.
Read Our Latest Research Report on QQQ
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 NYSE:NU traded up $1.28 during trading on Friday, hitting $13.29. 84,633,704 shares of the company were exchanged, compared to its average volume of 56,583,320. The company has a market cap of $64.03 billion, a PE ratio of 30.92, a P/E/G ratio of 0.70 and a beta of 1.05. The stock has a 50 day moving average of $12.75 and a 200 day moving average of $12.16. NU has a 52-week low of $9.01 and a 52-week high of $16.15. The company has a debt-to-equity ratio of 0.20, a current ratio of 0.54 and a quick ratio of 0.54.
Read Our Latest Research Report on NU
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 NYSE:JPM traded down $3.27 during trading on Friday, hitting $290.89. 2,925,731 shares of the company were exchanged, compared to its average volume of 9,906,862. The company has a market cap of $799.87 billion, a PE ratio of 14.93, a P/E/G ratio of 1.93 and a beta of 1.11. JPMorgan Chase & Co. has a 52-week low of $200.61 and a 52-week high of $301.29. The stock has a 50 day moving average of $285.93 and a 200 day moving average of $263.45. The company has a debt-to-equity ratio of 1.25, a current ratio of 0.88 and a quick ratio of 0.88.
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 $0.57 during mid-day trading on Friday, reaching $47.14. The company had a trading volume of 11,023,468 shares, compared to its average volume of 42,181,262. The company has a debt-to-equity ratio of 1.14, a quick ratio of 0.79 and a current ratio of 0.80. The firm has a 50-day moving average price of $46.65 and a 200 day moving average price of $43.79. Bank of America has a 52 week low of $33.06 and a 52 week high of $49.31. The company has a market capitalization of $349.17 billion, a price-to-earnings ratio of 13.77, a price-to-earnings-growth ratio of 1.83 and a beta of 1.31.
Read Our Latest Research Report on BAC
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.
NASDAQ INTU traded up $6.33 during mid-day trading on Friday, reaching $716.97. The stock had a trading volume of 674,649 shares, compared to its average volume of 1,762,305. The stock has a market cap of $200.00 billion, a PE ratio of 58.23, a price-to-earnings-growth ratio of 2.74 and a beta of 1.28. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.45 and a quick ratio of 1.45. The company has a fifty day moving average price of $764.85 and a 200 day moving average price of $670.19. Intuit has a 1 year low of $532.65 and a 1 year high of $813.70.
Read Our Latest Research Report on INTU
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 down $1.35 during midday trading on Friday, hitting $582.41. The company had a trading volume of 799,564 shares, compared to its average volume of 2,808,297. Mastercard has a 12-month low of $461.90 and a 12-month high of $594.71. The company has a debt-to-equity ratio of 2.41, a current ratio of 1.16 and a quick ratio of 1.16. The company has a market cap of $526.50 billion, a price-to-earnings ratio of 39.28, a PEG ratio of 2.37 and a beta of 1.03. The company has a fifty day moving average of $563.46 and a two-hundred day moving average of $554.40.
Read Our Latest Research Report on MA
Capital One Financial (COF)
Capital One Financial Corporation operates as the financial services holding company for the Capital One, National Association, which engages in the provision of various financial products and services in the United States, Canada, and the United Kingdom. It operates through three segments: Credit Card, Consumer Banking, and Commercial Banking.
Shares of COF traded down $4.46 during midday trading on Friday, hitting $216.02. 2,134,536 shares of the company traded hands, compared to its average volume of 4,447,427. The company has a debt-to-equity ratio of 0.47, a quick ratio of 1.02 and a current ratio of 1.02. Capital One Financial has a 52 week low of $131.55 and a 52 week high of $232.45. The firm has a 50 day moving average of $210.82 and a 200-day moving average of $193.64. The stock has a market cap of $138.15 billion, a price-to-earnings ratio of 110.81, a PEG ratio of 0.84 and a beta of 1.16.
Read Our Latest Research Report on COF
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