Why is Key Corp falling/rising?
As of 31-Oct, Key Corp Ltd's stock price is Rs 88.40, down 4.02%, and significantly underperforming its sector and the broader market. The stock is near its 52-week low and has seen a year-to-date decline of 71.32%, indicating weak investor participation and unfavorable market conditions.
As of 31-Oct, Key Corp Ltd's stock price is currently at Rs 88.40, reflecting a decrease of Rs 3.7 or 4.02%. The stock has underperformed its sector by 3.29% today, and it is trading lower than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Additionally, the stock is close to its 52-week low, being only 3.22% away from Rs 85.55. Over the past week, the stock has seen a decline of 7.00%, and its year-to-date performance shows a significant drop of 71.32%. The delivery volume has also decreased by 59.15% compared to the 5-day average, indicating falling investor participation.Broader Market Context: In comparison to the benchmark Sensex, which has increased by 3.65% over the past month, Key Corp's stock has fallen by 25.21% in the same period. This stark contrast highlights the stock's struggles relative to the broader market, as it has not only underperformed in the short term but also over the longer term, with a year-over-year decline of 69.50% against the Sensex's 5.73% increase. The overall market conditions appear to be more favorable than those for Key Corp, contributing to the stock's downward trajectory.
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