Keycorp’s recently made public that its Director Highsmith Carlton L unloaded Company’s shares for reported $0.11 million on Mar 08 ’24. In the deal valued at $15.10 per share,7,500 shares were sold. As a result of this transaction, Highsmith Carlton L now holds 53,577 shares worth roughly $0.77 million.
Then, Gavrity Kenneth C sold 2,376 shares, generating $33,335 in total proceeds. Upon selling the shares at $14.03, the Head of Commercial Bank now owns 98,120 shares.
Before that, Schosser Douglas M sold 3,326 shares. Keycorp shares valued at $46,564 were divested by the Chief Accounting Officer at a price of $14.00 per share. As a result of the transaction, Schosser Douglas M now holds 19,795 shares, worth roughly $0.29 million.
Jefferies upgraded its Keycorp [KEY] rating to a Buy from a a Hold in a research note published on January 09, 2024; the price target was increased to $17 from $10. A number of analysts have revised their coverage, including Raymond James’s analysts, who began to cover the stock in early January with a ‘”a Mkt perform”‘ rating. Stephens also remained covering KEY and has increased its forecast on December 20, 2023 with a “an Overweight” recommendation from previously “an Equal-weight” rating. Wells Fargo maintained its rating on December 14, 2023. It rated KEY as “an Overweight”.
Price Performance Review of KEY
On Monday, Keycorp [NYSE:KEY] saw its stock fall -1.23% to $14.43. Over the last five days, the stock has lost -6.60%. Keycorp shares have risen nearly 0.21% since the year began. Nevertheless, the stocks have risen 17.41% over the past one year. While a 52-week high of $15.86 was reached on 03/28/24, a 52-week low of $8.53 was recorded on 01/18/24. SMA at 50 days reached $14.62, while 200 days put it at $12.56. A total of 15.56 million shares were traded, compared to the trading of 12.75 million shares in the previous session.
Levels Of Support And Resistance For KEY Stock
The 24-hour chart illustrates a support level at 14.14, which if violated will result in even more drops to 13.84. On the upside, there is a resistance level at 14.89. A further resistance level may holdings at 15.34. The Relative Strength Index (RSI) on the 14-day chart is 41.54, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.57, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 91.67%. Stochastics %K at 17.37% indicates the stock is a buying.
