Value Stocks To Research – March 9th

JPMorgan Chase & Co., ProShares UltraPro Short QQQ, iShares Bitcoin Trust, Marvell Technology, and Merck & Co., Inc. are the five Value stocks to watch today, according to MarketBeat’s stock screener tool. Value stocks are shares of companies that appear to be undervalued based on financial metrics such as price-to-earnings or price-to-book ratios compared to industry peers. Investors commonly view these stocks as potential bargains, anticipating that their market prices will eventually rise to reflect their true intrinsic value. These companies had the highest dollar trading volume of any Value stocks within the last several days.

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 traded down $4.13 during midday trading on Friday, reaching $242.41. The company’s stock had a trading volume of 20,494,208 shares, compared to its average volume of 8,708,485. The stock has a market cap of $677.81 billion, a P/E ratio of 12.28, a PEG ratio of 2.83 and a beta of 1.10. The company has a fifty day simple moving average of $259.41 and a 200 day simple moving average of $238.43. The company has a current ratio of 0.88, a quick ratio of 0.89 and a debt-to-equity ratio of 1.24. JPMorgan Chase & Co. has a twelve month low of $179.20 and a twelve month high of $280.25.

ProShares UltraPro Short QQQ (SQQQ)

ProShares UltraPro Short QQQ (the Fund) seeks daily investment results, which corresponds to three times the inverse of the daily performance of the NASDAQ-100 Index (the Index). The Index includes 100 of the non-financial domestic and international issues listed on National Association of Securities Dealers Automated Quotation (NASDAQ) Stock Market.

Shares of NASDAQ:SQQQ traded down $0.70 during trading on Friday, hitting $34.47. 103,077,404 shares of the stock were exchanged, compared to its average volume of 63,436,301. ProShares UltraPro Short QQQ has a 1-year low of $26.21 and a 1-year high of $64.95. The company’s fifty day simple moving average is $29.74 and its 200-day simple moving average is $33.71.

iShares Bitcoin Trust (IBIT)

The IShares Bitcoin Trust Registered (IBIT) is an exchange-traded fund that mostly invests in long btc, short usd currency. The fund is a passively managed fund that seeks to track the spot price of Bitcoin. IBIT was launched on Jan 5, 2024 and is issued by BlackRock.

Shares of NASDAQ:IBIT traded down $1.21 during trading on Friday, hitting $49.43. 59,029,161 shares of the stock were exchanged, compared to its average volume of 47,988,785. iShares Bitcoin Trust has a 1-year low of $28.23 and a 1-year high of $61.75. The company’s fifty day simple moving average is $54.78 and its 200-day simple moving average is $47.29.

Marvell Technology (MRVL)

Marvell Technology, Inc., together with its subsidiaries, provides data infrastructure semiconductor solutions, spanning the data center core to network edge. The company develops and scales complex System-on-a-Chip architectures, integrating analog, mixed-signal, and digital signal processing functionality.

Shares of NASDAQ:MRVL traded down $1.44 during trading on Friday, hitting $70.84. 38,787,463 shares of the stock were exchanged, compared to its average volume of 12,675,750. Marvell Technology has a 1-year low of $53.19 and a 1-year high of $127.48. The company has a market capitalization of $61.30 billion, a price-to-earnings ratio of -41.67, a price-to-earnings-growth ratio of 1.61 and a beta of 1.42. The company’s fifty day simple moving average is $108.27 and its 200-day simple moving average is $93.84. The company has a debt-to-equity ratio of 0.30, a quick ratio of 1.11 and a current ratio of 1.60.

Merck & Co., Inc. (MRK)

Merck & Co., Inc. is a health care company, which engages in the provision of health solutions through its prescription medicines, vaccines, biologic therapies, animal health, and consumer care products. It operates through the following segments: Pharmaceutical, Animal Health, and Other. The Pharmaceutical segment includes human health pharmaceutical and vaccine products.

Shares of NYSE:MRK traded up $0.71 during trading on Friday, hitting $94.71. 24,097,509 shares of the stock were exchanged, compared to its average volume of 10,021,653. Merck & Co., Inc. has a 1-year low of $81.04 and a 1-year high of $134.63. The company has a market capitalization of $239.25 billion, a price-to-earnings ratio of 14.07, a price-to-earnings-growth ratio of 0.77 and a beta of 0.35. The company’s fifty day simple moving average is $94.03 and its 200-day simple moving average is $102.65. The company has a debt-to-equity ratio of 0.79, a quick ratio of 1.15 and a current ratio of 1.36.