Top Bank Stocks To Follow Today – March 11th

Invesco QQQ, JPMorgan Chase & Co., and Fiserv are the three Bank stocks to watch today, according to MarketBeat’s stock screener tool. Bank stocks are shares issued by financial institutions primarily involved in services like deposit taking, lending, and other banking operations. Their performance is influenced by factors such as interest rate changes, economic cycles, and regulatory policies, often making them key indicators of the overall health of the economy. 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.

NASDAQ:QQQ traded down $0.43 during mid-day trading on Tuesday, hitting $472.30. 26,896,706 shares of the stock were exchanged, compared to its average volume of 34,987,813. The firm’s 50-day simple moving average is $517.98 and its 200 day simple moving average is $504.13. Invesco QQQ has a fifty-two week low of $413.07 and a fifty-two week high of $540.81. The stock has a market capitalization of $297.67 billion, a price-to-earnings ratio of 33.43 and a beta of 1.11.

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.

JPM stock traded down $3.31 during trading hours on Tuesday, hitting $228.92. 5,683,960 shares of the stock were exchanged, compared to its average volume of 8,736,141. JPMorgan Chase & Co. has a 12 month low of $179.20 and a 12 month high of $280.25. 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 firm has a market capitalization of $640.07 billion, a P/E ratio of 11.61, a P/E/G ratio of 2.83 and a beta of 1.10. The company has a 50-day simple moving average of $259.26 and a two-hundred day simple moving average of $238.70.

Fiserv (FISV)

Fiserv, Inc., together with its subsidiaries, provides payment and financial services technology worldwide. The company operates through Acceptance, Fintech, and Payments segments. The Acceptance segment provides point-of-sale merchant acquiring and digital commerce services; mobile payment services; security and fraud protection products; Carat, an omnichannel commerce solution; Clover, a cloud-based point-of-sale and business management platform; and Clover Connect, an independent software vendors platform.

Shares of FISV stock traded down $3.42 on Tuesday, hitting $214.62. The company’s stock had a trading volume of 5,606,221 shares, compared to its average volume of 3,749,599. Fiserv has a fifty-two week low of $87.03 and a fifty-two week high of $122.39. The company has a market cap of $134.81 billion, a P/E ratio of 56.63 and a beta of 0.86. The business has a 50 day simple moving average of $218.34.