In Tuesday’s Wall Street session, Keycorp (NYSE:KEY) shares traded at $15.85, up 0.32% from the previous session.
KEY stock price is now -7.31% away from the 50-day moving average and -4.66% away from the 200-day moving average. The market capitalization of the company currently stands at $17.52B.
With the price target maintained at $20, Citigroup recently Upgraded its rating from Neutral to Buy for Keycorp (NYSE: KEY). , while ‘Citigroup’ rates the stock as ‘Neutral’
In other news, Kidik Allyson M, Chief Risk Review Officer sold 1,016 shares of the company’s stock on Feb 14 ’25. The stock was sold for $17,973 at an average price of $17.69. Upon completion of the transaction, the Chief Risk Review Officer now directly owns 19,549 shares in the company, valued at $0.31 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Feb 13 ’25, Chairman and CEO Gorman Christopher M. sold 57,736 shares of the business’s stock. A total of $1,008,071 was realized by selling the stock at an average price of $17.46. This leaves the insider owning 799,718 shares of the company worth $12.68 million. A total of 0.37% of the company’s stock is owned by insiders.
During the past 12 months, Keycorp has had a low of $13.10 and a high of $20.04. The fifty day moving average price for KEY is $17.1 and a two-hundred day moving average price translates $16.6249 for the stock.
The latest earnings results from Keycorp (NYSE: KEY) was released for 2024-12-31. The net profit margin was -3.31% and return on equity was -0.99% for KEY. The company reported revenue of $2.13 billion for the quarter, compared to $2.05 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 4.0 percent.
