Key Corp's Stock Hits New 52-Week High, Outperforms Sector by 2.86%

Key Corp, a microcap finance company, has been making waves in the market as its stock price reached a new 52-week high on September 10, 2024. The stock has been on a steady rise for the past 21 days, outperforming the sector by 2.86%. This impressive performance has caught the attention of investors and market experts, with MarketsMOJO giving a 'Buy' call for the stock.

On September 10, Key Corp's stock hit a high of Rs. 314.95, which is also its all-time high. This marks a significant increase from its previous 52-week high of Rs. 170.45. The stock has been trading at this price since the market opened, indicating a strong demand for the company's shares.

In addition to its recent surge, Key Corp has also been consistently performing well in the market. It is currently trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, which is a positive sign for investors.

The company's strong performance is reflected in its 1-year performance, which has seen a remarkable increase of 452.54%. In comparison, the Sensex has only seen a 22.53% increase in the same period. This further highlights Key Corp's potential as a promising investment opportunity.

With its impressive track record and positive outlook, Key Corp is definitely a stock to watch out for in the finance/NBFC industry. Investors can consider adding this microcap company to their portfolio for potential long-term gains.