Keycorp (NYSE:KEY) shares, rose in value, with the stock price up by 1.43% to the previous day’s close as strong demand from buyers drove the stock to $14.93.
Actively observing the price movement in the last trading, the stock closed the session at $14.72. The PE ratio was 19.05 over 12-month period. Referring to stock’s 52-week performance, its high was $15.86, and the low was $8.53. On the whole, KEY has fluctuated by -1.71% over the past month.
The company’s Forward Dividend Ratio is 0.82, with its dividend yield at 5.49%.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that KEY’s technical picture suggests that short-term indicators denote the stock is a 50% Buy on average. However, medium-term indicators have put the stock in the category of 100% Buy while long-term indicators on average have been pointing out that it is a 100% Buy.
The stock’s technical analysis shows that the PEG ratio is about 0, with the price of KEY currently trading nearly -0.21% and 1.72% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 52.90, while the 7-day volatility ratio is showing 3.37% which for the 30-day chart, stands at 2.82%. Furthermore, Keycorp (KEY)’s beta value is 1.28, and its average true range (ATR) is 0.46.
A comparison of Keycorp (KEY) with its peers suggests the former has fared considerably weaker in the market. KEY showed an intraday change of 1.43% in last session, and over the past year, it grew by 34.14%%.
Data on historical trading for Keycorp (NYSE:KEY) indicates that the trading volumes over the past 3 months, they’ve averaged 15.73 million. According to company’s latest data on outstanding shares, there are 936.56 million shares outstanding.
Nearly 0.43% of Keycorp’s shares belong to company insiders and institutional investors own 80.72% of the company’s shares. The stock has risen by 3.68% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the KEY stock heading into the next quarter.
