Keycorp: Analyzing The KEY Stock

Keycorp (NYSE:KEY) price is hovering lower on Monday, April 15, dropping -0.61% below its previous close.

A look at today’s price movement shows that the recent level at last check reads $14.61. The company’s P/E ratio in the trailing 12-month period read 16.43. Taking into account the 52-week price action we note that the stock hit a 52-week high of $15.86 and 52-week low of $8.53. The stock added 0.70% on its value in the past month.

Keycorp, which has a market valuation of $13.56 billion. The company stock has a Forward Dividend ratio of 0.82, while the dividend yield is 5.65%. It is understandable that investor optimism is growing ahead of the company’s current quarter results.

Revisions to the company’s EPS highlights a short term direction of a stock’s price movement, which in the last 7 days came up with no upward and no downward reviews. On the technical perspective front, indicators give KEY a short term outlook of 50% Buy on average. Looking at the stock’s medium term indicators we note that it is averaging as a 50% Buy, while an average of long term indicators are currently assigning the stock as 100% Buy.

The overview shows that KEY’s price is at present -3.78% off the SMA20 and -0.65% from the SMA50. The Relative Strength Index (RSI) metric on the 14-day timeframe is pointing at 42.78, with weekly volatility standing at 2.72%. The indicator jumps to 2.70% when calculated based on the past 30 days. Keycorp (NYSE:KEY)’s beta value is holding at 1.28, while the average true range (ATR) indicator is currently reading 0.45.

An analysis of the Keycorp (NYSE:KEY) stock in terms of its daily trading volume indicates that the 3-month average is 15.99 million.

Current records show that the company has 936.56M in outstanding shares. The insiders’ percentage holdings are 0.43% of outstanding shares while the percentage share held by institutions stands at 80.74%. But the 0.84% upside, the stock’s price has registered year-to-date as of today’s value, will likely reignite investor interest given the prospect of it rallying even higher.

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