Eastman Kodak Company (KODK) saw an uptrend of 5.90% in the recent trading with $7.54 being its most recent. The current price level -87.43% lower than the highest price of $60.00 marked by the stock while trading over the past 52-weeks, whereas it is 260.77% higher than the lowest price of $2.09 the company dropped to over past 52-weeks. The latest news story on KODK appeared in Motley Fool under the title “Why BlackBerry, GameStop, and Kodak Stocks Got Destroyed This Week” on Jul-15-21.
Squeezing the time span to 30 day period shows us the stock is currently trading -18.93% below one month high and is +10.23% above of the lowest during that time. Looking into the simple moving average, Eastman Kodak Company (KODK)’s stock stands at a SMA-50 of $7.98 while that of 5-day is reading $7.31.
Daily rise and fall of price influence many of the traders, and in order to overcome the fluctuating effect of that and to watch the stock closely, traders focus more on stock’s 200-day moving average. At various points in trading activity, investors are more likely to be making use of that measure as a strong indicator in figuring out their support and resistance levels, and KODK’s SMA-200 as of now is $8.38.
Eastman Kodak Company Earnings – What Happened With KODK
Coming around sales and income figures, publically trading companies under normal circumstances post earnings and revenues near to average estimates by the Wall Street analysts, but those could came either above or below estimates and known as surprise factor. During the reported three-month period, company’s sales were $265.0 billion.
KODK – Eastman Kodak Company Stock Earnings Estimates
Investors get the exact data about the key information of institutional ownership in a listed company through its 13F filings at the Stock Exchange Commission (SEC). The total number of common shares currently owned by the public is 77.80 million. KODK does have institutional investors; and they hold 20.90% of the stock.
Eastman Kodak Company – Insider Activity and Holdings
Moreover, the latest SEC filings also revealed that stock came across 14 new insider purchases involving 89,389 shares. On the other hand, KODK declared 61,369 shares have been sold in 1 insider transactions over the past three months.
The liquidity is a key characteristic of any stock and is the main point of focus of both short-term as well as long term investors before start trading into a stock. In recently reported quarter, current ratio recorded by Eastman Kodak Company was 2.12 while posting a debt to equity ratio of 2.38. The count was 85.71 for long-term debt to equity ratio.
Eastman Kodak Company’s return on equity, or ROE, is -723.00%, compared to the industry average of 5.74% for Industrials – Specialty Business Services. Although this indicates that KODK fails to use its equity well, the metric will vary significantly depending on the industry.
Technical Analysis of Eastman Kodak Company (NYSE:KODK) stock
To comprehend better with the trade moves and investors’ behavior, exploring the short, medium and long term technical indicators along with average volume of a stock is an effective way to make use of. When looking into those indicators for Eastman Kodak Company (KODK), we notice that the stock’s 20-day average volume is at 2,029,020 shares. Medium term indicators at an average of 75% are spotting the stock at Sell with its 50-day average volume of 3,441,394 shares. And to end, KODK’s 100-day average volume is 3,729,789 shares with 100% of the long-term indicators pointing towards Sell for the stock.