A Critical Moment For KeyCorp (KEY), Banco Bilbao Vizcaya Argentaria, S.A. (BBVA)

A look at its monthly performance shows that KeyCorp (NYSE:KEY) has recorded a 0.25% gain over the past 30 days. Over the past 12 months the stock has embarked on a drop that has seen it decline -24.04% and is now up by 7.98% since start of this year. The equity price rose 2.44% this week, a trend that has led to both investors and traders taking note of the stock. Its equity price dipped by -19.88% over the past three months which led to its overall six-month decrease to stand at -19.15%.

The shares of KeyCorp (KEY) dropped by -28.75% or -$6.44 from its last recorded high of $22.4 which it attained on December 03 to close at $15.96 per share. Over the past 52 weeks, the shares of KeyCorp has been trading as low as $13.65 before witnessing a massive surge by 16.92% or $2.31. This price movement has led to the KEY stock receiving more attention and has become one to watch out for. It jumped by 1.01% on Sunday and this got the market excited. The stock’s beta now stands at 1.16 and when compared to its 200-day moving average and its 50-day moving average, KEY price stands -17.34% below and -5.15% below respectively. Its average daily volatility for this week is 2.68% which is less than the 3.39% recorded over the past month.

Experts from research firms are bullish about the near-term performance of KeyCorp with most of them predicting a $19.8 price target on a short-term (12 months) basis. The average price target by the analysts will see a 24.06% rise in the stock and would lead to KEY’s market cap to surge to $20.59B. The stock has been rated an average 2.1, which roughly stands towards the bearish end of the spectrum. Reuters looked into the 25 analysts that track KeyCorp (NYSE:KEY) and find out that 6 of them rated it as a Hold. 18 of the 19 analysts rated it as a Buy or a Strong Buy while 1 advised investors to desist from buying the stock or sell it if they already possess it.

A look at KEY technical analysis shows that its 14-day Relative Strength Index (RSI) is in a neutral zone after reaching 52.1 point. Its trading volume has lost -4607989 shares compared to readings over the past three months as it recently exchanged 8382011 shares. This means there is reduced activity from short-term traders as per session, its average trading volume is 12990000 shares, and this is 0.65 times the normal volume.

The price of Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA) currently stands at $5.79 after it went up by $0.03 or 0.52% and has found a strong support at $5.73 a share. If the BBVA price drops below that critical support, then it would lead to a bearish trend. In the short-term, a dip below the $5.68 mark would also be bad for the stock as it means that the stock would plunge by 1.9% from its current position. However, if the stock price is able to trade above the resistance point around $5.84, then it could likely surge higher to try and break the upward resistance which stands at $5.9 a share. Its average daily volatility over the past one month stands at 2.23%. The stock has plunged by 1.04% from its 52-weeks high of $5.73 which it reached on Jan. 26, 2018. In general, it is 13.82% above its 52-weeks lowest point which stands at $4.99 and this setback was observed on Nov. 12, 2018.

Analysts have predicted a price target for Banco Bilbao Vizcaya Argentaria, S.A. (BBVA) for 1 year and it stands at an average $7.2/share. This means that it would likely increase by 24.35% from its current position. The current price of the stock has been moving between $5.73 and $5.84. Some brokerage firms have a lower target for the stock than the average, with one of them setting a price target as low as $5.68. On the other hand, one analyst is super bullish about the price, setting a target as high as $9.05.

The BBVA stock Stochastic Oscillator (%D) is at 94.36%, which means that it is currently overbought and its prices could dip very soon. The shares P/S ratio stands at 1.12 which compares to the 7.82 recorded by the industry or the 10.24 by the wider sector. The stock currently has an estimated price-earnings (P/E) multiple of 7.91, which is lower than the 8.55 multiple of 12-month price-earnings (P/E). The company’s earnings have gone up, with a quarterly increase rate of 13.3% over the past five years.

Analysts view Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA) as a Buy, with 0 consensus rating. Reuters surveyed 1 analysts that follow BBVA and found that 0 of those analysts rated the stock as a Hold. The remaining 1 were divided, with 0 analyst rating it as a Buy or a Strong Buy while 1 analysts advised investors to desist from buying Banco Bilbao Vizcaya Argentaria, S.A. (BBVA) shares or sell it if they already own it.