Shares of J P Morgan Chase & Co (JPM) Sees Large Inflow of Net Money Flow

J P Morgan Chase & Co (JPM) : Investors lapped up stocks on upticks to the tune of $153.97 million in the Mondays trading session. The trading value on downticks was comparatively at $93.01 million and the uptick to downtick ratio of 1.66 indicates continuous buying by the bulls. The net money flow into the stock was $60.96 million. The block trades were dominated by the bulls with a healthy 17.47, uptick to downtick ratio. Only $3.75 million worth of trades exchanged hands on downticks showing the reluctance of the large traders to part with their holdings. Upticks saw transactions worth $65.51 clearly indicating buying by large investors. The total money flow for block trades stood at $61.76 million, which is a positive for the stock in the long-term. J P Morgan Chase & Co (JPM) fell $0.22 during the day at $63.96, a drop of -0.34% over the previous days close. However, for the week, the stock is 3.44%, compared to the previous week.


JPMorgan Chase & Co. is up 3.51% in the last 3-month period. Year-to-Date the stock performance stands at -1%. Shares of JPMorgan Chase & Co. rose by 2.71% in the last five trading days and 3.6% for the last 4 weeks. In a related news, The officer (Managing Director), of Jpmorgan Chase & Co, Pinto Daniel E had unloaded 28,837 shares at $62.38 per share in a transaction on April 14, 2016. The total value of transaction was $1,798,852. The Insider information was revealed by the Securities and Exchange Commission in a Form 4 filing.

J P Morgan Chase & Co (NYSE:JPM): On Mondays trading session , Opening price of the stock was $64.13 with an intraday high of $64.4. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $63.9. However, the stock managed to close at $63.96, a loss of 0.34% for the day. On the previous day, the stock had closed at $64.18. The total traded volume of the day was 10,824,364 shares.

JPMorgan Chase & Co. is a financial holding company. The Company is engaged in investment banking, financial services for consumers and small businesses, commercial banking, financial transaction processing and asset management. JPMorgan Chases activities are organized into four business segments. The Companys Consumer & Community Banking segment serves consumers and businesses through personal service at bank branches and through ATMs, online, mobile and telephone banking. The Corporate & Investment Bank, comprising Banking and Markets & Investor Services, offers investment banking, market-making, prime brokerage, and treasury and securities products and services. The Commercial Banking (CB) segment delivers industry knowledge, local expertise and service to the United States and the United States multinational clients. The Asset Management segment comprises investment and wealth management. The Company also operates a Corporate segment.

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