Eastman Kodak (NYSE:KODK - Get Free Report) saw strong trading volume on Tuesday . 720,006 shares traded hands during mid-day trading, a decline of 19% from the previous session's volume of 894,094 shares.The stock last traded at $6.88 and had previously closed at $6.98.
Eastman Kodak Price Performance
The stock has a market cap of $499.20 million, a price-to-earnings ratio of 8.87 and a beta of 3.75. The stock's 50 day moving average price is $7.09 and its two-hundred day moving average price is $6.13. The company has a quick ratio of 1.51, a current ratio of 2.41 and a debt-to-equity ratio of 0.47.
Eastman Kodak (NYSE:KODK - Get Free Report) last released its quarterly earnings results on Monday, March 17th. The technology company reported $0.23 EPS for the quarter. The company had revenue of $266.00 million for the quarter. Eastman Kodak had a net margin of 7.70% and a return on equity of 8.47%.
Institutional Trading of Eastman Kodak
Several institutional investors have recently modified their holdings of the stock. Victory Capital Management Inc. purchased a new position in shares of Eastman Kodak in the third quarter worth about $635,000. Empowered Funds LLC lifted its stake in shares of Eastman Kodak by 5.4% in the third quarter. Empowered Funds LLC now owns 342,460 shares of the technology company's stock worth $1,616,000 after buying an additional 17,420 shares in the last quarter. Intech Investment Management LLC purchased a new position in shares of Eastman Kodak in the third quarter worth about $62,000. Quantbot Technologies LP purchased a new stake in shares of Eastman Kodak in the 3rd quarter valued at approximately $68,000. Finally, BNP Paribas Financial Markets raised its position in shares of Eastman Kodak by 21.3% during the 3rd quarter. BNP Paribas Financial Markets now owns 12,607 shares of the technology company's stock valued at $60,000 after buying an additional 2,210 shares during the period. Institutional investors and hedge funds own 33.65% of the company's stock.
Eastman Kodak Company Profile
(
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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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