Keycorp (NYSE:KEY) shares traded -3.70% lower at $16.93 on Wall Street last session.
KEY stock price is now -3.77% away from the 50-day moving average and 2.45% away from the 200-day moving average. The market capitalization of the company currently stands at $18.74B.
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On November 07, 2024, Citigroup Downgraded its previous ‘Buy’ rating to ‘Neutral’ on the stock keeping its target price maintained at $19, while ‘Robert W. Baird’ 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 $0.33 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 $13.54 million. A total of 0.36% 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 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.
