Eastman Kodak Company (NYSE:KODK - Get Free Report) shares passed above its 50-day moving average during trading on Monday . The stock has a 50-day moving average of $6.01 and traded as high as $6.36. Eastman Kodak shares last traded at $6.17, with a volume of 1,073,365 shares traded.
Analyst Upgrades and Downgrades
Separately, Wall Street Zen downgraded shares of Eastman Kodak from a "hold" rating to a "sell" rating in a research note on Monday, May 12th.
Check Out Our Latest Stock Analysis on Eastman Kodak
Eastman Kodak Trading Up 2.9%
The firm's 50 day moving average is $6.03 and its 200 day moving average is $6.47. The company has a market cap of $539.54 million, a PE ratio of 13.63 and a beta of 3.73. The company has a debt-to-equity ratio of 0.84, a current ratio of 2.21 and a quick ratio of 1.31.
Eastman Kodak (NYSE:KODK - Get Free Report) last issued its quarterly earnings data on Thursday, May 8th. The technology company reported ($0.12) EPS for the quarter. Eastman Kodak had a net margin of 6.05% and a return on equity of 8.01%.
Hedge Funds Weigh In On Eastman Kodak
Hedge funds have recently bought and sold shares of the company. AlphaQuest LLC purchased a new position in Eastman Kodak during the first quarter valued at approximately $27,000. Byrne Asset Management LLC bought a new stake in Eastman Kodak during the second quarter valued at approximately $39,000. GAMMA Investing LLC lifted its position in Eastman Kodak by 1,163.0% during the first quarter. GAMMA Investing LLC now owns 7,363 shares of the technology company's stock valued at $47,000 after purchasing an additional 6,780 shares during the last quarter. New York State Common Retirement Fund lifted its position in Eastman Kodak by 64.4% during the first quarter. New York State Common Retirement Fund now owns 8,681 shares of the technology company's stock valued at $55,000 after purchasing an additional 3,400 shares during the last quarter. Finally, Costello Asset Management INC bought a new stake in Eastman Kodak during the first quarter valued at approximately $63,000. Hedge funds and other institutional investors own 33.65% of the company's stock.
Eastman Kodak Company Profile
(
Get Free Report)
Eastman Kodak Company engages in the provision of hardware, software, consumables, and services to customers in the commercial print, packaging, publishing, manufacturing, and entertainment markets worldwide. The company operates through three segments: Print, Advanced Materials and Chemicals, and Brand.
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