JPMorgan Chase (JPM) Stock Sees Solid Gains, Closes Above $252

NEW YORK, May 2 – Shares of financial powerhouse JPMorgan Chase & Co (NYSE: JPM) trended positively throughout Thursday’s trading, finishing the day with a respectable increase on the New York Stock Exchange. The stock concluded the regular session at 252.51 USD.

This closing price represents a gain of 5.62 USD, equivalent to a 2.28 percent rise, compared to the previous day’s settlement at 246.89 USD. The performance indicated steady buying interest in the banking giant.

In post-market trading, the stock saw marginal further gains. As of 7:50 pm GMT-4, JPM shares were priced at 252.92 USD, reflecting an additional increase of 0.41 USD (0.16 percent) in the after-hours session.

During the primary trading hours on May 2nd, JPMorgan Chase stock moved within a range bounded by a low of 249.46 USD and a high of 253.62 USD. The shares had opened the day at 251.26 USD.

Current valuation metrics for the company include a Price/Earnings (P/E) ratio of 12.39 and a dividend yield of 2.22 percent. The market capitalization is listed as 70.27KCr.

Comparing the day’s close to the stock’s annual performance, 252.51 USD sits significantly above the 52-week low of 188.46 USD. While still below the 52-week high of 280.25 USD, Thursday’s positive price action solidifies JPM’s position as a closely watched stock in the US financial sector.