Investors Getting Picky When It Comes To Buying Eastman Kodak Co (KODK)

Eastman Kodak Co (NYSE:KODK) does about 521.96K shares in volume on a normal day but saw 1861471 shares change hands in the recent trading day. The company now has a market cap of 422.90M USD. Its current market price is $5.26, marking an increase of 15.10% compared to the previous close of $4.57. The 52 week high reached by this stock is $6.18 whilst the lowest price level in 52 weeks is $3.33.

Eastman Kodak Co (KODK) has a 20-day trading average at $4.95 and the current price is -14.89% off the 52-week high compared with 57.96% distance from its 52-week low. The 50-day simple moving average of the closing price is $4.87 and its 200-day simple moving average is $4.93. If we look at the stock’s price movements over the week, volatility stands at 11.38%, which decreases to 6.00% 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 56.75 to suggest the stock is neutral.

The current price level is 6.34%, 8.08%, and 6.59% away from its SMA20, SMA50, and SMA200 respectively, with the KODK price moving below the 50-day SMA on current market day. Eastman Kodak Co (KODK) stock is down -4.36% over the week and 11.21% over the past month. Its price is 34.87% year-to-date and 42.93% over the past year.

Outstanding shares total 79.60M with insiders holding 21.99% of the shares and institutional holders owning 44.73% of the company’s common stock. The company has a return on investment of 3.57% and return on equity of 6.85%. The price to earnings ratio (P/E ratio) amounts to 7.52. The beta has a value of 3.64. Price to book ratio is 0.43 and price to sales ratio is 0.40.