Investors Jumping Ship on KeyCorp (KEY), The Western Union Company (WU)

KeyCorp (NYSE:KEY) enjoyed a weak run from the open in trading on 09/13/2018 with increased volume coming into the shares and a close lower. Volume approached 18.5 million shares vs. average over the past 3 months of 8.92 million shares. The regular trading kicked off at $20.73 but as the trading came to an end, the stock receded, concluding with a fall of -3.81%. Its shares have set a closing price of $19.93.

KeyCorp (KEY): A -1.19% Dop In This Year — But Still Has Room To Grow 18.77%

According to 25 stock analysts, KeyCorp, is being kept at an average Outperform, rating, with at least 1.17% of shares outstanding that are currently legally short sold. The shares of the corporation went down by -7.09% during the previous month. So far this year, the stock had gone down by -1.19%. With these types of results to display analysts, are more optimistic than before, leading 19 of analysts who cover KeyCorp (NYSE:KEY) advice their clients to include it in their buy candidate list. However, at the Wall Street, the shares for the company has been tagged a $23.67 price target, indicating that the shares will rally 18.77% from its current levels. At the moment, the stock is trading for about -11.03% less than its 52-week high.

KeyCorp Last Posted 3.11% Sales Growth

KeyCorp (KEY) has so far tried and showed success to beat the consensus-estimated $0.42, with their earning staying at $0.44 per share. This was revealed in their last financial report. Their revenue meanwhile grew by 3.11% from the last quarter, totaling $1.6 billion.

KEY Is -6.26% Away From SMA20

The shares of the company (KEY) staged the smart recovery as has roared back some 14.67% after stumbling to its new 52-weeks low. The share price volatility of the stock remained at 2.48% for the month and by reducing the timeframe to just a week, the volatility stood at 1.53%. As for the shares, it has gone below the 20 days moving average and is now hovering within a distance of -6.26%. Currently the price is sitting at -4.74% lower than its 50 days moving average. Analyzing the last five market sessions, the stock was able to report -5.9% losses, thus going down by -2.65%, compared with its 200-day moving average of $20.46. Also, a 11.59% expansion in KeyCorp (KEY) witnessed over the past one year opens up opportunity to go after even more gains.

The Western Union Company (NYSE:WU) Has 3 Buy or Better Ratings

The Western Union Company (WU) was also brought into the spotlight with a -$0.56 drop. As the regular session came to an end, the price changed by -2.9% to $18.74. The trading of the day started with the price of the stock at $19.22. However, at one point, in the middle of the day, the price touched a high of $19.33 before it finally returned some of the gains. Analyzing WU this week, analysts seem to be content with keeping to their bleak forecast call at 3.1. The Western Union Company analysts gave 3 buy-equivalent recommendations, 2 sells and 9 holds. This company shares tumbled -15.62% from their most recent record high of $22.21 and now hold $8.41 billion in market value of equity.

The Western Union Company Underpriced by 49.41%

WU’s mean recommendation on Reuter’s scale has so far not been altered from 3.11 thirty days ago to 3.11 now. This is an indication of a sell consensus from the analysts’ society. They expect that The Western Union Company (WU) price will be reaching a mean target of $20.72 a share. This implies that they believe the stock has what it takes to lift the price another 10.57%. The recent close goes a long way in suggesting that the stock price is being underpriced by a 49.41% compared to the most bullish target.

The Western Union Company (WU) Returns -1.42% This Year

The company during the last trade was able to reach a volume of 7.92 million shares. That activity is comparable to their recent volume average trend of nearly 4.36 million shares which they recorded over a period of three months. The stock price volatility for last week at the close of regular trading was 1.48%, pushing the figure for the whole month to now reaching 1.7%. The Western Union Company price was kept to a minimum $18.665 in intra-day trade and has returned -1.42% this year alone. At a certain point in the past four quarters, the shares traded as low as $18.38 but made a 1.96% recovery since then.