Best Bank Stocks To Keep An Eye On – February 02nd

Invesco QQQ, Mastercard, and JPMorgan Chase & Co. are the three Bank stocks to watch today, according to MarketBeat’s stock screener tool. Bank stocks refer to shares of ownership in a financial institution that operates as a bank. These stocks represent ownership in the bank and can be bought and sold on the stock market. The value of bank stocks is influenced by the financial performance of the bank, economic conditions, and market trends. 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 NASDAQ:QQQ traded down $0.76 during trading on Friday, hitting $522.29. The company’s stock had a trading volume of 38,747,058 shares, compared to its average volume of 30,541,316. Invesco QQQ has a fifty-two week low of $413.07 and a fifty-two week high of $539.15. The stock’s 50-day moving average price is $519.55 and its two-hundred day moving average price is $494.12.

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 $10.38 during midday trading on Friday, hitting $555.63. The stock had a trading volume of 4,505,026 shares, compared to its average volume of 2,344,155. The company has a current ratio of 1.29, a quick ratio of 1.29 and a debt-to-equity ratio of 2.36. The stock has a market cap of $509.97 billion, a P/E ratio of 42.03, a P/E/G ratio of 2.17 and a beta of 1.10. Mastercard has a 12 month low of $428.86 and a 12 month high of $576.94. The business has a fifty day moving average price of $528.28 and a 200 day moving average price of $501.43.

JPMorgan Chase & Co. (JPM)

JPMorgan Chase & Co. is a financial holding company, which engages in the provision of financial and investment banking services. The firm offers a range of investment banking products and services in all capital markets, including advising on corporate strategy and structure, capital raising in equity and debt markets, risk management, market making in cash securities and derivative instruments, and brokerage and research.

JPMorgan Chase & Co. stock traded down $1.09 during midday trading on Friday, hitting $267.14. The stock had a trading volume of 7,193,215 shares, compared to its average volume of 9,693,973. The company has a current ratio of 0.88, a quick ratio of 0.89 and a debt-to-equity ratio of 1.24. The stock has a market cap of $752.09 billion, a P/E ratio of 13.53, a P/E/G ratio of 2.87 and a beta of 1.11. JPMorgan Chase & Co. has a 12 month low of $171.43 and a 12 month high of $270.82. The business has a fifty day moving average price of $247.91 and a 200 day moving average price of $228.41.