The trading price of Eastman Kodak Co (NYSE:KODK) closed lower on Friday, February 07, and closing at $7.59, -6.06% lower than its previous close.
Traders who pay close attention to intraday price movement should know that it fluctuated between $7.5 and $8.09. The company’s P/E ratio in the trailing 12-month period was 10.86, while its 5Y monthly beta was 3.65. 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 $3.35. Over the past month, the stock has gained 20.29% in value.
Eastman Kodak Co, whose market valuation is $610.24 million at the time of this writing, is expected to release its quarterly earnings report in March. Investors’ optimism about the company’s current quarter earnings report is understandable. Analysts have predicted the quarterly earnings per share to grow by 0 per share this quarter, however they have predicted annual earnings per share of 0 for current year and 0 for next year.
On the technical side, indicators suggest KODK has a 100% Buy on average for the short term. According to the data of the stock’s medium term indicators, the stock is currently averaging as a 100% Buy, while an average of long term indicators suggests that the stock is currently 100% Buy.
A quick review shows that KODK’s price is currently 6.00% off the SMA20 and 8.90% off the SMA50. The RSI metric on the 14-day chart is currently showing 57.51, and weekly volatility stands at 8.26%. When measured over the past 30 days, the indicator reaches 6.56%. Eastman Kodak Co (NYSE:KODK)’s beta value is currently sitting at 3.75, while the Average True Range indicator is currently displaying 0.47.
To see how Eastman Kodak Co stock has been performing in comparison to its peers in the industry, here are the numbers: KODK stock’s performance was -6.06% in the latest trading, and 119.36% in the past year. Eastman Kodak Co has a P/E ratio of 10.86.
An evaluation of the daily trading volume of Eastman Kodak Co (NYSE:KODK) indicates that the 3-month average is 1.64 million. However, this figure has increased over the past 10 days to an average of 1.26.
Currently, records show that 80.40 million of the company’s shares remain outstanding. The insiders hold 22.13% of outstanding shares, whereas institutions hold 55.45%. The stats also highlight that short interest as of 2025-01-15, stood at 5.99 million shares, resulting in a short ratio of 4.66 at that time. From this, we can conclude that short interest is 1348.00 of the company’s total outstanding shares. It is noteworthy that short shares in January were up slightly from the previous month’s figure, which was 5.64 million. However, since the stock’s price has seen 15.53% year-to-date, investors’ interest is likely to be reignited due to its potential to move even higher.
