Look Past The Setbacks And Give Eastman Kodak Co (NYSE: KODK) Another Chance

Eastman Kodak Co (NYSE:KODK) currently has a daily average trading volume of 1.11M but it saw 785761 shares traded in last market. With a market cap of 508.02M USD, the company’s current market price of $6.29 came rising about 0.96 while comparing to the previous closing price of $6.23. In past 52 weeks, the stock remained buoying in the range of price level as high as $8.24 and as low as $4.26. In the recent trading on the day, stock has struck highest price mark of $6.054 while lowest mark touched by it was $6.305.

Taking a look at 20-day trading activity of Eastman Kodak Co (KODK) gives us an average price of $6.06, while its current price level is -23.67% below from 52-week high level whereas it is 47.65% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $6.45 while that of 200 days or SMA-200 reads an average of $5.96. A closer look into the stock’s movement over the week reveals that its volatility is standing at 3.19% during that period while stretching the period over a month that increases to 6.36%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 51.27 which implies that the stock is in neutral territory.

Over the week, KODK’s stock price is moving 0.80% up while it is -0.47% when we observe its performance for the past one month. Year-to-date it is -4.26% down and over the past year, the stock is showing an upside performance of 39.16%.

The company is expected to be releasing its next quarterly report in June, for which analysts forecasted an EPS of 0 while estimate for next year EPS is 0.

Currently, Eastman Kodak Co’s total number of outstanding shares is 80.50M with 22.29% of that held by the insiders while 42.26% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at 5.79% and return on equity (ROE) at 10.20%. It has a price to earnings ratio (P/E ratio) of 6.99. Stock’s beta reads 3.94. Stock has a price to book (P/B) ratio of 0.79 while price to sale or P/S ratio amounts to 0.49. Its return on asset (ROA) is 4.47% on average.