2.37% volatility in Keycorp (KEY) last month: This is a red flag warning

On Friday, Keycorp (NYSE: KEY) opened higher 1.98% from the last session, before settling in for the closing price of $19.22. Price fluctuations for KEY have ranged from $11.64 to $20.00 over the past 52 weeks.

A company in the Financial sector has jumped its sales by 7.70% annually for the last half of the decade. Company’s average yearly earnings per share was noted -8.34% at the time writing. With a float of $987.21 million, this company’s outstanding shares have now reached $991.28 million.

In terms of profitability, gross margin is 114.89%, operating margin of 31.12%, and the pretax margin is 1.89%.

Keycorp (KEY) Insider Updates

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 0.41%, while institutional ownership is 82.26%. The most recent insider transaction that took place on Nov 06 ’24, was worth 294,065. In this transaction Chief Human Resources Officer of this company sold 15,011 shares at a rate of $19.59, taking the stock ownership to the 234,582 shares. Before that another transaction happened on Nov 06 ’24, when Company’s Head of Institutional Bank sold 66,362 for $19.03, making the entire transaction worth $1,262,869. This insider now owns 214,068 shares in total.

Keycorp (KEY) Performance Highlights and Predictions

If we go through the results of last quarter, which was made public on 9/30/2024, the company posted 0.03 earnings per share (EPS) for the quarter, coming under the agreed prediction (set at 0.23) by -0.2. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.33 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around -8.34% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 18.36% 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 2.00.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.01, a number that is poised to hit 0.32 in the next quarter and is forecasted to reach 1.57 in one year’s time.

Technical Analysis of Keycorp (KEY)

Let’s dig in a bit further. During the last 5-days, its volume was 7.15 million. That was inferior than the volume of 13.79 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 60.19%. Additionally, its Average True Range was 0.48.

During the past 100 days, Keycorp’s (KEY) raw stochastic average was set at 93.72%, which indicates a significant increase from 86.30% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 63.74% in the past 14 days, which was higher than the 39.28% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $17.55, while its 200-day Moving Average is $15.59. However, in the short run, Keycorp’s stock first resistance to watch stands at $19.76. Second resistance stands at $19.92. The third major resistance level sits at $20.21. If the price goes on to break the first support level at $19.31, it is likely to go to the next support level at $19.02. Assuming the price breaks the second support level, the third support level stands at $18.86.

Keycorp (NYSE: KEY) Key Stats

There are currently 991,283K shares outstanding in the company with a market cap of 19.81 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 1,906 M and its income totaled -410,000 K.