Eastman Kodak Co. (NYSE:KODK) traded at $4.75 at close of the session on Tuesday, March 19, made a downward move of -1.25% on its previous day’s price.
Looking at the stock we see that its previous close was $4.81 and the beta (5Y monthly) reads 3.51 . The company has a trailing 12-month PE ratio of 7.81. In terms of its 52-week price range, KODK has a high of $6.34 and a low of $3.17. The company’s stock has gained about 35.33% over that past 30 days.
Eastman Kodak Co. has a market cap of $379.53 million and is expected to release its quarterly earnings report on May 07, 2024 – May 13, 2024.
There have been no upward and no downward revisions for the stock’s EPS in last 7 days, something that reflects the nature of company’s price movement in short term. On the other hand, looking at the outlook for the KODK stock, short term indicators assign the stock an average of 100% Buy, while medium term indicators assign it an average of Hold. Long term indicators on average place the stock in the category of 50% Buy.
Looking further, we note the current price level is 5.09% off its SMA20 and 21.30% from its 50-day simple moving average. The RSI (14) is pointing at 55.78 while the volatility over the past week is 7.04% and jumps to 9.08% over the past one month. The beta value is 3.52, while the average true range (ATR) is currently pointing at 0.34.
Coming back to Eastman Kodak Co. (NYSE:KODK), we note that the average 3-month trading volume was 1.30 million, while that of the preceding 10-day period stands at 1.51 million. Current shares outstanding are 79.60 million.
The insiders hold 21.98% of the company’s shares while institutions hold 45.64%. The data shows that short shares as of Feb 29, 2024, stood at 4.27 million at a short ratio of 3.07. This represents a 5.37% short interest in shares outstanding on Feb 29, 2024. Shares short rose in February from the previous month at 4.24 million. Investors should be excited about this stock as its upside potential is great, with current price pushing the stock 21.79% up in year-to-date price movement.
