Keycorp (KEY) kicked off at the price of $16.21: Venture capitalists have an exciting new opportunity

On Monday, Keycorp (NYSE: KEY) opened lower -1.52% from the last session, before settling in for the closing price of $16.46. Price fluctuations for KEY have ranged from $9.50 to $16.47 over the past 52 weeks.

Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.

Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!

Get the FREE Report with all the details here.


Sponsored

Financial Sector giant saw their annual sales surged by 7.70% over the last five years. Company’s average yearly earnings per share was noted -1.96% at the time writing. With a float of $938.79 million, this company’s outstanding shares have now reached $942.86 million.

Keycorp (KEY) Breakdown of a Key Holders of the stock

A key investor’s attitude towards the stock of the Banks – Regional industry is another important factor to consider. The insider ownership of Keycorp is 0.43%, while institutional ownership is 81.78%. The most recent insider transaction that took place on Mar 08 ’24, was worth 113,250. In this transaction Director of this company sold 7,500 shares at a rate of $15.10, taking the stock ownership to the 53,577 shares. Before that another transaction happened on Feb 16 ’24, when Company’s Head of Commercial Bank sold 2,376 for $14.03, making the entire transaction worth $33,335. This insider now owns 98,120 shares in total.

Keycorp (KEY) Recent Fiscal highlights

If we go through the results of last quarter, which was made public on 6/30/2024, the company posted 0.29 earnings per share (EPS) for the quarter, besting the agreed prediction (set at 0.27) by 0.02. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.35 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around -1.96% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 18.20% during the next five years compared to -12.34% drop over the previous five years of trading.

Keycorp (NYSE: KEY) Trading Performance Indicators

Check out the current performance indicators for Keycorp (KEY). In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.43.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.77, a number that is poised to hit 0.29 in the next quarter and is forecasted to reach 1.61 in one year’s time.

Technical Analysis of Keycorp (KEY)

Analysing the last 5-days average volume posted by the [Keycorp, KEY], we can find that recorded value of 14.72 million was lower than the volume posted last year of 14.9 million. As of the previous 9 days, the stock’s Stochastic %D was 82.88%. Additionally, its Average True Range was 0.42.

During the past 100 days, Keycorp’s (KEY) raw stochastic average was set at 91.32%, which indicates a significant increase from 86.80% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 29.47% in the past 14 days, which was higher than the 27.30% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $14.56, while its 200-day Moving Average is $13.88. Now, the first resistance to watch is $16.43. This is followed by the second major resistance level at $16.65. The third major resistance level sits at $16.79. If the price goes on to break the first support level at $16.06, it is likely to go to the next support level at $15.92. Now, if the price goes above the second support level, the third support stands at $15.70.

Keycorp (NYSE: KEY) Key Stats

There are currently 942,860K shares outstanding in the company with a market cap of 15.28 billion. Presently, the company’s annual sales total 10,397 M according to its annual income of 967,000 K. Last quarter, the company’s sales amounted to 2,715 M and its income totaled 274,000 K.