StockNews.com upgraded shares of Eastman Kodak (NYSE:KODK - Free Report) from a sell rating to a hold rating in a research report report published on Monday.
Eastman Kodak Trading Up 3.3 %
KODK stock traded up $0.17 during midday trading on Monday, hitting $5.28. The stock had a trading volume of 1,081,735 shares, compared to its average volume of 1,264,563. The firm has a market cap of $421.87 million, a PE ratio of 8.25 and a beta of 3.48. The company has a debt-to-equity ratio of 0.49, a current ratio of 2.52 and a quick ratio of 1.75. Eastman Kodak has a 12-month low of $3.17 and a 12-month high of $6.34. The company's 50-day moving average price is $4.32 and its 200 day moving average price is $3.99.
Eastman Kodak (NYSE:KODK - Get Free Report) last released its earnings results on Thursday, March 14th. The technology company reported $0.02 EPS for the quarter. The firm had revenue of $275.00 million during the quarter. Eastman Kodak had a net margin of 6.71% and a return on equity of 10.40%.
Hedge Funds Weigh In On Eastman Kodak
A number of hedge funds have recently made changes to their positions in the stock. Credit Suisse AG boosted its holdings in shares of Eastman Kodak by 5.9% in the 2nd quarter. Credit Suisse AG now owns 26,673 shares of the technology company's stock valued at $124,000 after purchasing an additional 1,490 shares during the last quarter. Sei Investments Co. lifted its holdings in shares of Eastman Kodak by 8.1% during the 1st quarter. Sei Investments Co. now owns 35,686 shares of the technology company's stock valued at $229,000 after acquiring an additional 2,683 shares in the last quarter. Caxton Associates LP lifted its holdings in shares of Eastman Kodak by 2.7% during the 3rd quarter. Caxton Associates LP now owns 110,517 shares of the technology company's stock valued at $465,000 after acquiring an additional 2,868 shares in the last quarter. Tower Research Capital LLC TRC lifted its holdings in shares of Eastman Kodak by 76.3% during the 2nd quarter. Tower Research Capital LLC TRC now owns 6,865 shares of the technology company's stock valued at $32,000 after acquiring an additional 2,971 shares in the last quarter. Finally, Verition Fund Management LLC lifted its holdings in shares of Eastman Kodak by 9.6% during the 4th quarter. Verition Fund Management LLC now owns 34,858 shares of the technology company's stock valued at $136,000 after acquiring an additional 3,058 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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