Large Inflow of Money Detected in KeyCorp

KeyCorp (KEY) stock had a bullish inflow of $30.91 million worth of trades on uptick and an outflow of $21.05 million in downticks on Monday. The total uptick to downtick ratio stood at 1.47. The net money flow into the stock was $9.86 million. The money flow data, which is calculated as the dollar value of composite uptick minus the downtick trades indicated bullish. The block trades had a total money flow of $11.57 million. An inflow of $3.14 million block trade was recorded on downticks. $14.7 million of block trade during Uptick was observed, which shows continued buying by the smart money on every weakness. The total uptick to downtick ratio of block trades was 4.69 in favor of the bulls. However, KeyCorp (KEY) stock traded down $0.13 , and reached $11.99, a drop of -1.07% over the previous day. On a weekly basis, the stock is -2.2%, over the previous weeks close.


Shares of KeyCorp. rose by 0.25% in the last five trading days and 5.04% for the last 4 weeks. KeyCorp. is up 3.96% in the last 3-month period. Year-to-Date the stock performance stands at -5.55%.

KeyCorp (NYSE:KEY): During Mondays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $12.07 and $12.06 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $12.22. The buying momentum continued till the end and the stock did not give up its gains. It closed at $12.20, notching a gain of 1.75% for the day. The total traded volume was 15,115,257 . The stock had closed at $11.99 on the previous day.

In a related news, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the director of Keycorp /New/, Cooley Charles P, had purchased 5,000 shares in a transaction dated on May 23, 2016. The transaction was executed at $12.41 per share with total amount equaling $62,050.

KeyCorp is a bank holding company. The Bank operates through its subsidiary, KeyBank National Association, which is engaged in providing banking services. Through KeyBank and other subsidiaries, the Bank provides a range of retail and commercial banking, commercial leasing, investment management, consumer finance, commercial mortgage servicing and special servicing, and investment banking products and services. The Bank provides these services to individual, corporate and institutional clients. The Bank operates in two segments: Key Community Bank, which serves individuals and small to mid-sized businesses by offering a variety of deposit, investment, lending, credit card, and personalized wealth management products and business advisory services, and Key Corporate Bank, is a full-service corporate and investment bank focused on serving the needs of middle market clients in seven industry sectors: consumer, energy, healthcare, industrial, public sector, real estate and technology.

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