KeyCorp (KEY): Analysis on simple moving average


KeyCorp (NYSE:KEY) changes shares on Friday trading session, with a change of -1.69% or -$0.23 shares. The trading starts at $13.90 and closed at $13.58 throughout the day. The trading session low price was $13.01 and day high was $13.90 on Friday, June 19. After the session, the Financial sector daily volume shifted to 23.18 million while its average volume is 14.36M. In other hand, the KEY market cap reached to $13.25B.

Checking out the performance report which defines the increase or decrease of prices for a specific period. For the last 5 trading sessions, its performance is up 0.98% and up 24.30% for month. Its quarterly performance was 45.27% above, while its half year performance is down -34.27%. KEY yearly performance stood at negative -20.91% and fall -34.04% for year-to-date. Current recommendation for KeyCorp is 2.50.

Earnings per share or EPS is an important financial measure, which defines the profitability of a company. KEY EPS (TTM) for 12-month is 1.35. EPS for this year is -5.50%, while for the next year its value is 1.34. Its EPS Q/Q reached -68.20%. It has an EPS of 9.00% up for past five years.

Vanguard Group, Inc. (The), Blackrock Inc. and State Street Corporation are the top three holders in KeyCorp (KEY) stock. On Mar 30, 2020, Vanguard Group, Inc. (The) has 118.09 million shares which valued 1.22 billion. On Mar 30, 2020, Blackrock Inc. owned 81.85 million shares which valued at 848.78 million. On Mar 30, 2020, State Street Corporation has a total of 48.02 million shares which valued at 497.96 million. In the end, State Street Corporation have 4.92% shares outstanding of KeyCorp (KEY) on Mar 30, 2020. The insider ownership moved to 0.40% and institutional holding shifted to 82.20%.

The company posted an EPS (TTM) of 1.35. According to the most recent quarter report on (Jun 2020), 20 analysts estimated an average EPS of 0.11, while 0.4 EPS posted a year ago period. Analyst Estimated EPS for KEY published in the report was -0.61-0.36 during the same period. Comparing with last year, the average estimated EPS was 0.4 which is higher than 0.12 which was posted for recent quarter EPS.

A brief look on simple moving average (SMA) that determines the market price can impact a market. The SMA for KEY fall -16.76% for period of 200 days. SMA for 50 days was 14.63% which is showing green signal, while SMA-20 was 3.31%. The moving average value for KeyCorp (KEY) is 15.01 and 11.98 for 200 and 50 days respectively.

Let’s take a look on the insider transactions, in which multiple shareholders are showing interest in KEY stock. On May 26, Highsmith Carlton L, Director, bought 2,000 trading shares at the cost of $11.89, which valued at 23780.0. On Apr 20, GILLIS RUTH ANN M, Director, bought 4,485 shares at the cost of $11.10, with total shares of 53,597. On Apr 17, Gorman Christopher M., President and COO, bought 100,000 shares at the cost of 10.36. After this transaction, Gorman Christopher M. total shares reached to 606,941 which valued at 1.04 million.