Eastman Kodak Company [NYSE: KODK] stock went on a downward path that fall over -0.40% on Thursday, amounting to a one-week price decrease of less than -7.74%. The company report on June 17, 2021 that The Law Offices of Frank R. Cruz Announces Investigation of Eastman Kodak Company (KODK) on Behalf of Investors.
The Law Offices of Frank R. Cruz is investigating potential claims against the board of directors of Eastman Kodak Company (“Kodak” or the “Company”) (NYSE: KODK) concerning whether the board breached its fiduciary duties to shareholders.
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Over the last 12 months, KODK stock rose by 255.29%.
The market cap for the stock reached $572.95 million, with 77.80 million shares outstanding and 50.20 million shares in the current float. Compared to the average trading volume of 3.20M shares, KODK stock reached a trading volume of 2272361 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Guru’s Opinion on Eastman Kodak Company [KODK]:
The Average True Range (ATR) for Eastman Kodak Company is set at 0.51, with the Price to Sales ratio for KODK stock in the period of the last 12 months amounting to 0.56. The Price to Book ratio for the last quarter was 5.51, with the Price to Cash per share for the same quarter was set at 5.17.
KODK Stock Performance Analysis:
Eastman Kodak Company [KODK] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -7.74. With this latest performance, KODK shares dropped by -16.12% in over the last four-week period, additionally sinking by -7.51% over the last 6 months – not to mention a rise of 255.29% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for KODK stock in for the last two-week period is set at 37.20, with the RSI for the last a single of trading hit 28.06, and the three-weeks RSI is set at 42.11 for Eastman Kodak Company [KODK]. The present Moving Average for the last 50 days of trading for this stock 7.97, while it was recorded at 7.72 for the last single week of trading, and 8.40 for the last 200 days.
Insight into Eastman Kodak Company Fundamentals:
Operating Margin for any stock indicates how profitable investing would be, and Eastman Kodak Company [KODK] shares currently have an operating margin of -5.93 and a Gross Margin at +13.12. Eastman Kodak Company’s Net Margin is presently recorded at -52.87.
Return on Total Capital for KODK is now -15.25, given the latest momentum, and Return on Invested Capital for the company is -140.93. Return on Equity for this stock declined to -198.18, with Return on Assets sitting at -40.86. When it comes to the capital structure of this company, Eastman Kodak Company [KODK] has a Total Debt to Total Equity ratio set at 29.85. Additionally, KODK Total Debt to Total Capital is recorded at 22.99, with Total Debt to Total Assets ending up at 6.41. Long-Term Debt to Equity for the company is recorded at 85.71, with the Long-Term Debt to Total Capital now at 18.97.
Reflecting on the efficiency of the workforce at the company, Eastman Kodak Company [KODK] managed to generate an average of -$120,889 per employee. Receivables Turnover for the company is 5.26 with a Total Asset Turnover recorded at a value of 0.77.Eastman Kodak Company’s liquidity data is similarly interesting compelling, with a Quick Ratio of 2.10 and a Current Ratio set at 2.80.
KODK Stock EPS
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for KODK. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Eastman Kodak Company go to -12.00%.
Eastman Kodak Company [KODK] Insider Position Details
There are presently around $112 million, or 20.90% of KODK stock, in the hands of institutional investors. The top three institutional holders of KODK stocks are: VANGUARD GROUP INC with ownership of 2,777,837, which is approximately -1.213% of the company’s market cap and around 7.40% of the total institutional ownership; SOUTHEASTERN ASSET MANAGEMENT INC/TN/, holding 2,534,892 shares of the stock with an approximate value of $18.73 million in KODK stocks shares; and BLACKROCK INC., currently with $16.12 million in KODK stock with ownership of nearly 16.564% of the company’s market capitalization.
Positions in Eastman Kodak Company stocks held by institutional investors increased at the end of August and at the time of the August reporting period, where 70 institutional holders increased their position in Eastman Kodak Company [NYSE:KODK] by around 2,823,976 shares. Additionally, 60 investors decreased positions by around 2,588,543 shares, while 27 investors held positions by with 9,744,472 shares. The mentioned changes placed institutional holdings at 15,156,991 shares, according to the latest SEC report filing. KODK stock had 33 new institutional investments in for a total of 1,064,156 shares, while 27 institutional investors sold positions of 1,471,437 shares during the same period.