Eastman Kodak Company (NYSE:KODK) does about 18.84M shares in volume on a normal day but saw 13982988 shares change hands in Friday trading. The company now has a market cap of 443.91M USD and an enterprise value of about $637.02M. Its current market price is $6.02, marking an increase of 2.38% compared to the previous close of $5.88. The 52 week high reached by this stock is $60.00 whilst the lowest price level in 52 weeks is $1.50. The script in recent trading has seen the stock touch a high of $6.40 and a low of $5.66.
Eastman Kodak Company (KODK) has a 20-day trading average at $9.64 and the current price is -89.97% off the 52-week high compared with 301.33% distance from its 52-week low. The 50-day simple moving average of the closing price is $6.86 and its 200-day simple moving average is $3.77. If we look at the stock’s price movements over the week, volatility stands at 11.66%, which increases to 22.19% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 42.65 to suggest the stock is neutral.
1 analysts observing the Eastman Kodak Company (KODK) stock have set the 12-month price targets for the company’s shares at between $1.00 and $1.00. The median price target is -502.0% away from the current levels at $1.00.
FactSet Research has provided data showing that 1 brokerages have issued ratings for the stock. 0 analysts have rated it as a sell, while 0 advise that it is a overweight. 0 analysts have rated it as a buy and 1 have advised that investors hold their positions. The consensus recommendation rating is Hold.
The current price level is -42.29%, -11.27%, and 60.23% away from its SMA20, SMA50, and SMA200 respectively, with the KODK price moving above the 50-day SMA on August 28. Eastman Kodak Company (KODK) stock is down -12.50% over the week and -79.82% over the past month. Its price is 29.46% year-to-date and 151.88% over the past year.
The company’s next earnings report is expected on 11/04/2020.
Its 12-month price target is $1.00. Of course, the average price target is just what the average analysts believe a stock will be worth in the next 52 weeks, and is only one metric. There are analysts with lower targets than the average, including one bearish Wall Street research firm advocating investors to wait for the price to pull back to $1.00, given the recent momentum. And then, on the bullish side of things, one analyst is expecting the stock to peak at $1.00.
Outstanding shares total 75.68M with insiders holding 65.43% of the shares and institutional holders owning 27.70% of the company’s common stock. The company has a return on investment of -63.30% and return on equity of 89.70%. The beta has a value of 5.92. Price to sales ratio is 0.36.
According to a U.S. Securities and Exchange Commission filing, Longleaf Partners Small Cap Fund has reduced its position in Eastman Kodak Company (KODK) to 4,000,000 shares, mirroring a recent drop by 0.00%. Longleaf Partners Small Cap Fund dumped 0.0 shares of Eastman Kodak Company common stock bringing its total worth to about $87.4 million at the end of recent close, SEC documents show. Longleaf Partners Small Cap Fund isn’t the only investment manager who changed stakes and is followed by Vanguard Total Stock Market Index, which sold off 0.0 shares to end up with 882,036 shares worth $19.27 million. iShares Russell 2000 ETF cut their holdings by -4.48% in the company over the course of the most recent quarter. It now holds a 0.68% position in Eastman Kodak Company thanks to 0.3 million shares amounting to $6.54 million.