Eastman Kodak Company (KODK) kicked off at the price of $4.71: Venture capitalists have an exciting new opportunity

Eastman Kodak Company (NYSE: KODK) on May 22, 2023, started off the session at the price of $4.43, soaring 6.56% from the previous trading day. During the day, the shares moved up to $4.71 and dropped to $4.43 before settling in for the closing price of $4.42. Within the past 52 weeks, KODK’s price has moved between $2.78 and $7.24.

Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.

Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!

Get the FREE Report with all the details here.


Sponsored

Over the past five-year period, the drop rate of yearbook sales for the company of the Industrials sector was -2.80%. The company achieved an average annual earnings per share of -41.00%. With a float of $55.61 million, this company’s outstanding shares have now reached $79.10 million.

Considering the fact that the conglomerate employs 4200 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is +14.11, operating margin of -1.33, and the pretax margin is +2.57.

Eastman Kodak Company (KODK) Breakdown of a Key Holders of the stock

Observing investor behavior towards Specialty Business Services industry stocks is more important than anything else. The insider ownership of Eastman Kodak Company is 21.60%, while institutional ownership is 31.50%. The most recent insider transaction that took place on Mar 23, was worth 38,500. In this transaction Director of this company bought 10,000 shares at a rate of $3.85, taking the stock ownership to the 152,496 shares.

Eastman Kodak Company (KODK) Recent Fiscal highlights

This company achieved a net margin of +2.16 while generating a return on equity of 2.34. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around -41.00% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will plunge by -12.00% during the next five years compared to -38.90% drop over the previous five years of trading.

Eastman Kodak Company (NYSE: KODK) Trading Performance Indicators

Eastman Kodak Company (KODK) is currently performing well based on its current performance indicators. A quick ratio of 1.50 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.31.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.52

Technical Analysis of Eastman Kodak Company (KODK)

Compared to the last year’s volume of 0.57 million, its volume of 0.98 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 97.10%. Additionally, its Average True Range was 0.19.

During the past 100 days, Eastman Kodak Company’s (KODK) raw stochastic average was set at 100.00%, which indicates a significant increase from 100.00% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 39.47% in the past 14 days, which was lower than the 52.56% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $3.70, while its 200-day Moving Average is $4.27. Nevertheless, the first resistance level for the watch stands at $4.80 in the near term. At $4.90, the stock is likely to face the second major resistance level. The third major resistance level sits at $5.08. If the price goes on to break the first support level at $4.52, it is likely to go to the next support level at $4.34. Now, if the price goes above the second support level, the third support stands at $4.24.

Eastman Kodak Company (NYSE: KODK) Key Stats

Market capitalization of the company is 368.60 million based on 79,343K outstanding shares. Right now, sales total 1,205 M and income totals 26,000 K. The company made 278,000 K in profit during its latest quarter, and 33,000 K in sales during its previous quarter.