Keycorp (KEY) is 7.21% away from 50-day simple Moving Average despite all headwinds

A new trading day began on Monday, with Keycorp (NYSE: KEY) stock price down -1.90% from the previous day of trading, before settling in for the closing price of $19.48. KEY’s price has ranged from $12.22 to $20.04 over the past 52 weeks.

It was noted that within the last five years, the titan of the Financial sector saw sales topped by 7.70%. Meanwhile, its annual earnings per share averaged -8.36%. With a float of $987.21 million, this company’s outstanding shares have now reached $991.25 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 and Institutional Ownership

As we move forward, let’s examine how large-scale investors are investing in this stock of the Banks – Regional Industry. The insider ownership of Keycorp is 0.41%, while institutional ownership is 82.25%. 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) Latest Financial update

In its latest quarterly report, released on 9/30/2024, the company reported earnings of 0.03 per share, which was $0.1 lower than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). 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 -8.36% 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

Here are Keycorp’s current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.91.

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)

The latest stats from [Keycorp, KEY] show that its last 5-days average volume of 7.71 million was inferior to 13.65 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 44.42%. Additionally, its Average True Range was 0.45.

During the past 100 days, Keycorp’s (KEY) raw stochastic average was set at 85.50%, which indicates a significant increase from 22.83% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 15.44% in the past 14 days, which was lower than the 38.80% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $17.82, while its 200-day Moving Average is $15.73. Now, the first resistance to watch is $19.45. This is followed by the second major resistance level at $19.79. The third major resistance level sits at $20.00. If the price goes on to break the first support level at $18.90, it is likely to go to the next support level at $18.69. The third support level lies at $18.35 if the price breaches the second support level.

Keycorp (NYSE: KEY) Key Stats

With a market capitalization of 18.90 billion, the company has a total of 991,283K Shares Outstanding. Currently, annual sales are 10,397 M while annual income is 967,000 K. The company’s previous quarter sales were 1,906 M while its latest quarter income was -410,000 K.