Eastman Kodak Company (NYSE:KODK - Get Free Report) passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $6.57 and traded as low as $5.76. Eastman Kodak shares last traded at $5.88, with a volume of 782,599 shares.
Analyst Upgrades and Downgrades
Separately, Wall Street Zen lowered shares of Eastman Kodak from a "hold" rating to a "sell" rating in a research note on Monday, May 12th.
Check Out Our Latest Research Report on Eastman Kodak
Eastman Kodak Stock Up 0.9%
The company has a debt-to-equity ratio of 0.84, a quick ratio of 1.31 and a current ratio of 2.21. The stock has a market cap of $462.81 million, a price-to-earnings ratio of 11.69 and a beta of 3.81. The business's 50 day moving average is $6.07 and its 200 day moving average is $6.55.
Eastman Kodak (NYSE:KODK - Get Free Report) last issued its earnings results on Thursday, May 8th. The technology company reported ($0.12) EPS for the quarter. Eastman Kodak had a return on equity of 8.01% and a net margin of 6.05%.
Institutional Investors Weigh In On Eastman Kodak
A number of institutional investors have recently modified their holdings of KODK. Two Sigma Investments LP raised its position in Eastman Kodak by 2.1% during the fourth quarter. Two Sigma Investments LP now owns 74,210 shares of the technology company's stock valued at $488,000 after acquiring an additional 1,509 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in shares of Eastman Kodak by 4.5% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 35,992 shares of the technology company's stock valued at $227,000 after purchasing an additional 1,566 shares in the last quarter. ARK Investment Management LLC lifted its stake in shares of Eastman Kodak by 9.7% in the 4th quarter. ARK Investment Management LLC now owns 19,218 shares of the technology company's stock valued at $126,000 after purchasing an additional 1,692 shares during the last quarter. Rhumbline Advisers increased its position in Eastman Kodak by 2.0% during the fourth quarter. Rhumbline Advisers now owns 98,600 shares of the technology company's stock worth $648,000 after buying an additional 1,903 shares during the last quarter. Finally, Bank of New York Mellon Corp raised its holdings in Eastman Kodak by 1.8% during the first quarter. Bank of New York Mellon Corp now owns 171,505 shares of the technology company's stock valued at $1,084,000 after buying an additional 3,071 shares in the last quarter. Institutional investors and hedge funds own 33.65% of the company's stock.
About Eastman Kodak
(
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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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