Eastman Kodak Company (NYSE:KODK - Get Free Report) was the recipient of unusually large options trading activity on Monday. Investors bought 29,031 call options on the stock. This represents an increase of 637% compared to the typical daily volume of 3,937 call options.
Wall Street Analyst Weigh In
Separately, Wall Street Zen downgraded shares of Eastman Kodak from a "hold" rating to a "sell" rating in a report on Monday, May 12th.
Check Out Our Latest Research Report on Eastman Kodak
Eastman Kodak Stock Performance
KODK stock traded up $0.09 during midday trading on Wednesday, reaching $6.70. 1,412,236 shares of the company were exchanged, compared to its average volume of 1,100,630. The company has a debt-to-equity ratio of 0.84, a current ratio of 2.21 and a quick ratio of 1.31. The business has a 50-day moving average price of $6.06 and a two-hundred day moving average price of $6.46. Eastman Kodak has a one year low of $4.26 and a one year high of $8.24. The firm has a market capitalization of $540.76 million, a price-to-earnings ratio of 13.66 and a beta of 3.73.
Eastman Kodak (NYSE:KODK - Get Free Report) last announced its earnings results on Thursday, May 8th. The technology company reported ($0.12) earnings per share (EPS) for the quarter. Eastman Kodak had a net margin of 6.05% and a return on equity of 8.01%.
Institutional Investors Weigh In On Eastman Kodak
Institutional investors have recently modified their holdings of the business. AlphaQuest LLC bought a new stake in Eastman Kodak during the first quarter worth about $27,000. Byrne Asset Management LLC acquired a new position in Eastman Kodak during the second quarter worth about $39,000. GAMMA Investing LLC raised its stake 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 worth $47,000 after acquiring an additional 6,780 shares in the last quarter. New York State Common Retirement Fund raised its stake 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 worth $55,000 after acquiring an additional 3,400 shares in the last quarter. Finally, Costello Asset Management INC acquired a new position in shares of Eastman Kodak in the first quarter valued at approximately $63,000. Institutional investors own 33.65% of the company's stock.
Eastman Kodak Company Profile
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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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