Eastman Kodak Co (KODK) saw an uptrend of 4.87% in the recent trading with $6.89 being its most recent. The current price level -16.38% lower than the highest price of $8.24 marked by the stock while trading over the past 52-weeks, whereas it is 61.74% higher than the lowest price of $4.26 the company dropped to over past 52-weeks. The latest news story on KODK appeared in (Barrons.com) under the title “Going the Way of Kodak and Sears”.
Looking into the simple moving average, Eastman Kodak Co (KODK)’s stock stands at a SMA-50 of $6.23 while that of 5-day is reading $6.63.
Daily rise and fall of price influence many of the traders, and in order to overcome the fluctuating effect of that and to watch the stock closely, traders focus more on stock’s 200-day moving average. At various points in trading activity, investors are more likely to be making use of that measure as a strong indicator in figuring out their support and resistance levels, and KODK’s SMA-200 as of now is $6.34.
Irrespective of recent performance, what’s important is what the future holds. In uncertain economic times, a clear picture is difficult to get. Analysts generally have a good understanding of the market works, which gives them a leg up in making predictions. Analyst ratings are often compiled into a single score from 1 to 5. The score of 1 signifies buy or strong buy, the score of 2 signifies outperform, the score of 3 means hold, and the score of 4 indicates underperform.
Eastman Kodak Co Earnings – What Happened With KODK
Coming around sales and income figures on KODK Stock Income Statement, public trading companies under normal circumstances post earnings and revenues near to average estimates by the Wall Street analysts, but those could came either above or below estimates and known as surprise factor.
Eastman Kodak Co – Insider Activity and Holdings
Investors get the exact data about the key information of institutional ownership in a listed company through its 13F filings at the Stock Exchange Commission (SEC). The total number of common shares currently owned by the public is 80.80 million. KODK does have institutional investors; and they hold 42.21% of the stock.
As on 2024-06-30, BLACKROCK INC. was the top most holder in Eastman Kodak Co (NYSE:KODK) with an ownership of 4.53 million shares of the company or 5.6593 of the stake worth $24.39 million. The filing also reveals VANGUARD GROUP INC as the second largest holder in the company with a control over 4.7929 of the outstanding shares. Its stake is worth $20.65 million for having 3.84 million shares in hand.
KENNEDY LEWIS MANAGEMENT LP also came holding a key position in the company during the recent quarter and it now holds 4.6003 of the outstanding shares. With this there are now 196.0 institutions which have possession in KODK’s shares.
Key Metrics forKODK
The liquidity is a key characteristic of any stock and is the main point of focus of both short-term as well as long term investors before start trading into a stock. In recently reported quarter, Eastman Kodak Co has a debt to equity ratio of 0.65.
