The trading price of Eastman Kodak Co (NYSE:KODK) floating lower at last check on current market day and closing at $6.18, -5.69% lower than its previous close.
The company’s P/E ratio in the trailing 12-month period was 6.86. In examining the 52-week price action we see that the stock hit a 52-week high of $8.24 and a 52-week low of $4.26. Over the past month, the stock has gained 16.34% in value.
Eastman Kodak Co, whose market valuation is $498.93 million at the time of this writing, is expected to release its quarterly earnings report in June. Investors’ optimism about the company’s current quarter earnings report is understandable.
On the technical side, indicators suggest KODK has a Hold on average for the short term. According to the data of the stock’s medium term indicators, the stock is currently averaging as a Hold, while an average of long term indicators suggests that the stock is currently Hold.
A quick review shows that KODK’s price is currently -0.04% off the SMA20 and -3.09% off the SMA50. The RSI metric on the 14-day chart is currently showing 48.05, and weekly volatility stands at 4.09%. When measured over the past 30 days, the indicator reaches 6.34%. Eastman Kodak Co (NYSE:KODK)’s beta value is currently sitting at 3.98, while the Average True Range indicator is currently displaying 0.33.
To see how Eastman Kodak Co stock has been performing today in comparison to its peers in the industry, here are the numbers: KODK stock’s performance was -5.69% at last check in today’s session, and 36.37% in the past year. Eastman Kodak Co has a P/E ratio of 6.86.
An evaluation of the daily trading volume of Eastman Kodak Co (NYSE:KODK) indicates that the 3-month average is 1.11 million.
Currently, records show that 80.50 million of the company’s shares remain outstanding. The insiders hold 22.42% of outstanding shares, whereasinstitutions hold 53.71%. However, since the stock’s price has seen -5.97% year-to-date, investors’ interest is likely to be reignited due to its potential to move even lower.
