Keycorp (NYSE: KEY) is 12.85% higher on its value in year-to-date trading and has touched a low of $9.50 and a high of $16.50 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The KEY stock was last observed hovering at around $16.21 in the last trading session, with the day’s gains setting it 0.04%.
Currently trading at $16.25, the stock is 6.46% and 11.63% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 12.14 million and changing 0.25% at the moment leaves the stock 17.05% off its SMA200. KEY registered 29.28% gain for a year compared to 6-month loss of 9.28%.
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The stock witnessed a 14.36% gain in the last 1 month and extending the period to 3 months gives it a 10.32%, and is 2.46% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.45% over the week and 2.65% over the month.
Current P/E ratio is 21.17 and Fwd P/E is 10.12. Profit margin for the company is 6.74%. Distance from 52-week low is 71.05% and -1.54% from its 52-week high. The company has generated returns on investments over the last 12 months (2.27%).
The EPS is expected to shrink by -1.96% this year.
Keycorp (KEY) Top Institutional Holders
The shares outstanding are 943.20M, and float is at 939.12M with Short Float at 2.82%.
Keycorp (KEY) Insider Activity
The most recent transaction is an insider sale by Highsmith Carlton L,the company’sDirector. SEC filings show that Highsmith Carlton L sold 7,500 shares of the company’s common stock on Mar 08 ’24 at a price of $15.10 per share for a total of $0.11 million. Following the sale, the insider now owns 53577.0 shares.
Keycorp disclosed in a document filed with the SEC on Feb 16 ’24 that Gavrity Kenneth C (Head of Commercial Bank) sold a total of 2,376 shares of the company’s common stock. The trade occurred on Feb 16 ’24 and was made at $14.03 per share for $33335.0. Following the transaction, the insider now directly holds 98120.0 shares of the KEY stock.
Still, SEC filings show that on Feb 15 ’24, Schosser Douglas M (Chief Accounting Officer) disposed off 3,326 shares at an average price of $14.00 for $46564.0. The insider now directly holds 19,795 shares of Keycorp (KEY).
