Eastman Kodak Company (NYSE:KODK - Get Free Report) reached a new 52-week high during trading on Saturday . The stock traded as high as $10.04 and last traded at $9.4520, with a volume of 3093424 shares traded. The stock had previously closed at $8.88.
Analyst Ratings Changes
Separately, Weiss Ratings restated a "sell (d+)" rating on shares of Eastman Kodak in a research note on Wednesday, January 21st. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the stock presently has a consensus rating of "Sell".
Get Our Latest Report on Eastman Kodak
Eastman Kodak Stock Up 6.4%
The company has a quick ratio of 2.32, a current ratio of 3.14 and a debt-to-equity ratio of 0.34. The company has a market capitalization of $921.57 million, a price-to-earnings ratio of -5.28 and a beta of 1.49. The business's 50-day moving average is $7.52 and its 200-day moving average is $7.39.
Eastman Kodak (NYSE:KODK - Get Free Report) last announced its quarterly earnings results on Thursday, March 12th. The technology company reported ($1.23) earnings per share for the quarter. The company had revenue of $290.00 million for the quarter. Eastman Kodak had a negative return on equity of 19.99% and a negative net margin of 11.97%.
Institutional Trading of Eastman Kodak
Several hedge funds and other institutional investors have recently added to or reduced their stakes in KODK. Denali Advisors LLC acquired a new position in Eastman Kodak in the 3rd quarter worth about $836,000. First Eagle Investment Management LLC lifted its holdings in Eastman Kodak by 45.9% in the 3rd quarter. First Eagle Investment Management LLC now owns 734,433 shares of the technology company's stock valued at $4,708,000 after purchasing an additional 231,217 shares in the last quarter. Marshall Wace LLP boosted its position in Eastman Kodak by 50.6% during the second quarter. Marshall Wace LLP now owns 2,711,241 shares of the technology company's stock worth $15,319,000 after acquiring an additional 910,644 shares during the last quarter. Prescott Group Capital Management L.L.C. boosted its holdings in shares of Eastman Kodak by 38.6% during the 3rd quarter. Prescott Group Capital Management L.L.C. now owns 374,345 shares of the technology company's stock worth $2,400,000 after purchasing an additional 104,345 shares during the last quarter. Finally, Yakira Capital Management Inc. boosted its stake in Eastman Kodak by 109.5% during the third quarter. Yakira Capital Management Inc. now owns 142,573 shares of the technology company's stock worth $914,000 after buying an additional 74,524 shares during the last quarter. Institutional investors and hedge funds own 33.65% of the company's stock.
About Eastman Kodak
(
Get Free Report)
Eastman Kodak Company NYSE: KODK is a global technology firm specializing in imaging, printing and advanced materials. The company offers a wide array of products and services that enable customers to create, manage and share visual content across traditional and digital platforms. Its core offerings include graphic communications solutions, enterprise inkjet systems, packaging technologies, functional printing and micro 3D printing systems.
Kodak's graphic communications segment serves commercial printers, packaging converters and publishing houses with offset plates, digital presses, workflow software and services designed to streamline production.
Read More
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Eastman Kodak, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Eastman Kodak wasn't on the list.
While Eastman Kodak currently has a Sell rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
We are about to experience the greatest A.I. boom in stock market history...
Thanks to a pivotal economic catalyst, specific tech stocks will skyrocket just like they did during the "dot com" boom in the 1990s.
That’s why, we’ve hand-selected 7 tiny tech disruptor stocks positioned to surge.
- The first pick is a tiny under-the-radar A.I. stock that's trading for just $3.00. This company already has 98 registered patents for cutting-edge voice and sound recognition technology... And has lined up major partnerships with some of the biggest names in the auto, tech, and music industry... plus many more.
- The second pick presents an affordable avenue to bolster EVs and AI development…. Analysts are calling this stock a “buy” right now and predict a high price target of $19.20, substantially more than its current $6 trading price.
- Our final and favorite pick is generating a brand-new kind of AI. It's believed this tech will be bigger than the current well-known leader in this industry… Analysts predict this innovative tech is gearing up to create a tidal wave of new wealth, fueling a $15.7 TRILLION market boom.
Right now, we’re staring down the barrel of a true once-in-a-lifetime moment. As an investment opportunity, this kind of breakthrough doesn't come along every day.
And the window to get in on the ground-floor — maximizing profit potential from this expected market surge — is closing quickly...
Simply click the link below to get the names and tickers of the 7 small stocks with potential to make investors very, very happy.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
