Why is Key Corp falling/rising?
As of 28-Aug, Key Corp Ltd's stock price is at 115.00, down 1.58% and has fallen for six consecutive days, totaling an 8.48% decline. It has reached a new 52-week low and significantly underperformed the market, with a year-to-date drop of 62.69%.
As of 28-Aug, Key Corp Ltd's stock price is currently at 115.00, reflecting a decrease of 1.85, or 1.58%. The stock has been on a downward trend, having fallen for the last six consecutive days, resulting in a total decline of 8.48% during this period. Additionally, it has reached a new 52-week low of Rs. 114.6 today. The stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. In terms of performance against benchmarks, Key Corp has underperformed the sector by 0.51% today and has shown significant declines over various periods, including a 62.69% drop year-to-date and a 56.40% decline over the past year. There is no information available regarding positive or negative factors that could influence the stock's recent movement.Broader market context shows that while Key Corp has experienced a substantial decline, the Sensex has only decreased by 2.34% over the past week and 1.00% over the past month, indicating that the stock's short-term performance is significantly worse than the broader market. The stock's year-to-date performance is particularly concerning, as it has dropped dramatically compared to the Sensex, which has gained 2.48% in the same timeframe. This stark contrast highlights the challenges facing Key Corp in the current market environment, contributing to its falling stock price.
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