Keycorp (NYSE:KEY) shares, rose in value on Wednesday, May 07, with the stock price down by -0.46% to the previous day’s close as strong demand from buyers drove the stock to $15.23.
Actively observing the price movement in the last trading, the stock closed the session at $15.30. Referring to stock’s 52-week performance, its high was $20.04, and the low was $12.73. On the whole, KEY has fluctuated by 12.73% over the past month.
With the market capitalization of Keycorp currently standing at about $16.69 billion, investors are eagerly awaiting this quarter’s results, scheduled for in June. The company’s Forward Dividend Ratio is 0.82, with its dividend yield at 5.38%.
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% Sell on average. However, medium-term indicators have put the stock in the category of 100% Sell while long-term indicators on average have been pointing out that it is a 100% Sell.
The stock’s technical analysis shows that the price of KEY currently trading nearly 4.34% and -0.39% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 53.58, while the 7-day volatility ratio is showing 2.44% which for the 30-day chart, stands at 4.08%. Furthermore, Keycorp (KEY)’s beta value is 1.07, and its average true range (ATR) is 0.57.
A comparison of Keycorp (KEY) with its peers suggests the former has fared considerably weaker in the market. KEY showed an intraday change of -0.46% in last session, and over the past year, it grew by 2.01%%.
Data on historical trading for Keycorp (NYSE:KEY) indicates that the trading volumes over the past 3 months, they’ve averaged 15.07 million. According to company’s latest data on outstanding shares, there are 1.11 billion shares outstanding.
Nearly 0.37% of Keycorp’s shares belong to company insiders and institutional investors own 85.33% of the company’s shares. The stock has fallen by -11.14% 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.
