Financial Stocks To Research – April 12th

ProShares UltraPro Short QQQ, JPMorgan Chase & Co., and UnitedHealth Group are the three Financial stocks to watch today, according to MarketBeat’s stock screener tool. Financial stocks are equity shares issued by companies within the financial sector, such as banks, insurance firms, and investment companies. These stocks allow investors to participate in the financial services industry, with potential gains influenced by the companies’ performance and broader economic conditions. These companies had the highest dollar trading volume of any Financial stocks within the last several days.

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.

NASDAQ SQQQ traded down $1.99 on Friday, hitting $36.22. The stock had a trading volume of 148,862,369 shares, compared to its average volume of 46,891,370. ProShares UltraPro Short QQQ has a 52-week low of $26.21 and a 52-week high of $64.95. The firm has a 50-day moving average of $34.73 and a 200-day moving average of $33.25.

JPMorgan Chase & Co. (JPM)

JPMorgan Chase & Co. is a financial holding company, which engages in the provision of financial and investment banking services. It focuses on investment banking, financial services for consumers and small businesses, commercial banking, financial transaction processing, and asset management. It operates through the following segments: Consumer and Community Banking (CCB), Commercial and Investment Bank (CIB), Asset and Wealth Management (AWM), and Corporate.

Shares of JPM traded up $9.15 during trading hours on Friday, reaching $236.26. 20,275,665 shares of the company’s stock traded hands, compared to its average volume of 9,731,787. JPMorgan Chase & Co. has a 12 month low of $179.20 and a 12 month high of $280.25. The stock has a market cap of $660.60 billion, a PE ratio of 11.97, a price-to-earnings-growth ratio of 2.83 and a beta of 1.01. 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’s 50 day simple moving average is $248.89 and its 200-day simple moving average is $242.03.

UnitedHealth Group (UNH)

UnitedHealth Group Incorporated operates as a diversified health care company in the United States. The company operates through four segments: UnitedHealthcare, Optum Health, Optum Insight, and Optum Rx. The UnitedHealthcare segment offers consumer-oriented health benefit plans and services for national employers, public sector employers, mid-sized employers, small businesses, and individuals; health care coverage, and health and well-being services to individuals age 50 and older addressing their needs; Medicaid plans, children's health insurance and health care programs; and health and dental benefits, and hospital and clinical services, as well as health care benefits products and services to state programs caring for the economically disadvantaged, medically underserved, and those without the benefit of employer-funded health care coverage.

Shares of UnitedHealth Group stock traded up $4.70 during trading on Friday, hitting $599.10. 6,117,814 shares of the stock traded hands, compared to its average volume of 4,351,444. The stock has a market cap of $548.00 billion, a price-to-earnings ratio of 38.65, a PEG ratio of 1.37 and a beta of 0.61. The company has a quick ratio of 0.91, a current ratio of 0.83 and a debt-to-equity ratio of 0.74. UnitedHealth Group has a 52 week low of $436.38 and a 52 week high of $630.73. The firm’s fifty day moving average is $512.87 and its 200-day moving average is $542.03.