These two stocks can make you build again: Fifth Third Bancorp (FITB), KeyCorp (KEY)

Forrest Frank R., EVP & Chief Risk Officer, sold 26,000 shares of the Fifth Third Bancorp (NASDAQ:FITB) in an exchange that happened on March 8th. The stock was sold at an average price of $26.37 per share, amounting to a transaction worth $685,620. The sale was made public in a document filed with the SEC. Additionally, EVP and CTO Immaneni Aravind sold 4,000 shares of this stock in a transaction that took place on March 19th. The stock was sold at an average price of $33.60 per share, for a total exchange amounting to $134,400. After the transaction, the EVP and CTO Immaneni Aravind currently holds 21,071 shares of the company’s stock, which is worth approximately $598627.

With this stock price’s latest movement, it is now -18.06% away from its 1-year high and 28.44% higher than its 1-year low price. In the past seven days, the stock price volatility for Fifth Third Bancorp was 2.14%, whereas its volatility in the past 30 days has been 2.01%. This public company’s stock also has a beta score of 1.36. When the beta value is less/more than 1, it can imply that the stock is less/more volatile than the wider stock market – a metric that traders will surely be keeping tabs on.

Fifth Third Bancorp (NASDAQ:FITB) most recently published its quarterly earnings results. The firm posted $0.69 earnings per share (EPS) for the three-month period, surpassing analysts’ consensus estimate of $0.67 by $0.02. The publicly-traded organization reported revenue of $1,656.00 million for the quarter, compared to the average analyst forecast calling for $1,659.48 million, which was missing the analyst consensus estimate.

Shares of Fifth Third Bancorp (FITB) surged 1.54%, amounting to a gain of $0.43 per share, to finish the regular trading session at $28.41 on Thursday 03/14/2019. After beginning the session at $28.04, shares of Fifth Third Bancorp reached as high as $28.49 during the day, while hitting a 1-day low of $27.925. Trade volume reached 8,190,417 shares against this stock’s average daily volume of 6.29M shares, with a total float of 644.60M. As a consequence of the price increase, Fifth Third Bancorp now has a current market value of 18.34B.

KeyCorp (NYSE:KEY) added 0.58% to its trading price by the close of the most recent session, jumping from its previous closing price of $17.32 to $17.42. This stock increased in value by 4.31% during the last 7-day period, and experienced a gain of 1.10% over the past 30-day period. In the past three months, this stock’s price grew by 9.42% , and subtracted -17.67% to its price during the last six months of trading. KEY demonstrated a yearly price loss of -18.45% , while its year-to-date (YTD) price performance has been up 17.86% . This stock’s price changed by +27.57% compared to its 90-day low, and moved down -3.11% comparing to its 90-day high price.

Have a quick look on short, medium and long-term indicators. According to the Composite Indicator, Trendspotter rated the KEY stock as “Sell”. In the short-term, KeyCorp (KEY) has a 20-day average volume of 9,963,065 shares and short-term indicators sets the KEY stock as “ 80% Buy ” on average basis. In the medium-term, KEY stock has a 50-Day average volume of 11,911,064 shares and medium-term indicators gave the average rating of “ 75% Buy ”, while in the long-term period the FB stock has a 100-Day average volume of 12,548,854 shares. On average, long-term indicators rated the stock as “0% Hold ”. The overall picture from all short, medium and long-term indicators sets the KEY stock as “48% Buy ” on average basis.

Recently, multiple brokerages have sent out reports on KEY. Wedbush , for example, Downgrade its rating on shares of KeyCorp from “Outperform ” to a “ Neutral”according to a research note from Monday February 4th, 2019. while giving the stock a “ Buy” from “Hold ” rating, as stated in a research report from Friday, January 11th, 2019. Barclays, on the other hand, Reiterated a “Underweight” rating on this stock, while posting a $20 price target on shares of this company’s stock in a research note dated Wednesday, January 2nd, 2019.

In other news related to KeyCorp stock, 83.09% shares of KEY held by institutions. The total number of institutions who held the KEY shares was 1,014, according to most recent SEC filling. During the past quarter, total 838,187,619 shares held by institutions with the net change of -4,142,574 shares. In the meantime, 98 new institutions bought the shares of KeyCorp for the first time and 100 institutions sold all their holdings in the company’s common stock. 397 institutions increased their investment in the KEY stock and 487 institutions decreased their investment in the KeyCorp (KEY)’s stock during the last quarter.