Bank Stocks To Consider – March 23rd

Invesco QQQ, BlackRock, JPMorgan Chase & Co., Mastercard, and U.S. Bancorp are the five Bank stocks to watch today, according to MarketBeat’s stock screener tool. Bank stocks refer to shares issued by banking institutions that can be traded on public stock exchanges. These stocks represent an ownership interest in the bank, and their performance is influenced by factors such as interest rates, economic conditions, regulatory changes, and the overall health of the financial sector. 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.

QQQ stock traded up $1.58 during trading on Friday, hitting $480.84. 42,102,018 shares of the stock traded hands, compared to its average volume of 34,904,523. Invesco QQQ has a one year low of $413.07 and a one year high of $540.81. The stock has a market cap of $303.05 billion, a price-to-earnings ratio of 30.74 and a beta of 1.11. The company has a 50 day simple moving average of $511.30 and a 200 day simple moving average of $504.14.

BlackRock (BLK)

BlackRock, Inc. is a publicly owned investment manager. The firm primarily provides its services to institutional, intermediary, and individual investors including corporate, public, union, and industry pension plans, insurance companies, third-party mutual funds, endowments, public institutions, governments, foundations, charities, sovereign wealth funds, corporations, official institutions, and banks.

Shares of NYSE BLK traded down $3.74 during trading on Friday, reaching $950.43. The company had a trading volume of 5,211,645 shares, compared to its average volume of 628,397. BlackRock has a 52 week low of $745.55 and a 52 week high of $1,084.22. The stock has a market cap of $147.56 billion, a PE ratio of 22.63, a PEG ratio of 1.90 and a beta of 1.28. The company has a debt-to-equity ratio of 0.45, a quick ratio of 5.23 and a current ratio of 5.23. The business’s 50 day moving average price is $980.77 and its 200-day moving average price is $988.41.

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.

Shares of NYSE JPM traded up $2.48 during trading on Friday, reaching $241.49. The company had a trading volume of 19,301,450 shares, compared to its average volume of 8,866,821. JPMorgan Chase & Co. has a 52 week low of $179.20 and a 52 week high of $280.25. The stock has a market cap of $675.24 billion, a PE ratio of 12.23, a PEG ratio of 2.83 and a beta of 1.10. The company has a debt-to-equity ratio of 1.24, a quick ratio of 0.89 and a current ratio of 0.88. The business’s 50 day moving average price is $257.86 and its 200-day moving average price is $239.35.

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 $1.24 during trading on Friday, reaching $535.14. The company had a trading volume of 5,973,324 shares, compared to its average volume of 2,376,248. The company has a debt-to-equity ratio of 2.68, a quick ratio of 1.03 and a current ratio of 1.03. The stock has a market cap of $487.89 billion, a PE ratio of 38.53, a PEG ratio of 2.37 and a beta of 1.10. The business’s 50 day moving average price is $547.55 and its 200-day moving average price is $524.65. Mastercard has a 52 week low of $428.86 and a 52 week high of $582.23.

U.S. Bancorp (USB)

U.S. Bancorp, a financial services holding company, provides various financial services to individuals, businesses, institutional organizations, governmental entities, and other financial institutions in the United States. It operates through Wealth, Corporate, Commercial and Institutional Banking; Consumer and Business Banking; Payment Services; and Treasury and Corporate Support segments.

Shares of USB traded up $0.16 on Friday, reaching $42.77. 68,997,842 shares of the company’s stock were exchanged, compared to its average volume of 8,059,585. The company has a current ratio of 0.81, a quick ratio of 0.80 and a debt-to-equity ratio of 1.11. The stock has a market capitalization of $66.63 billion, a P/E ratio of 11.28, a price-to-earnings-growth ratio of 1.73 and a beta of 1.02. The business has a 50 day moving average price of $46.31 and a two-hundred day moving average price of $47.64. U.S. Bancorp has a 12 month low of $37.81 and a 12 month high of $53.98.