Eastman Kodak (NYSE:KODK) major shareholder Blackstone Group Inc sold 8,875,211 shares of Eastman Kodak stock in a transaction that occurred on Tuesday, December 3rd. The shares were sold at an average price of $2.50, for a total transaction of $22,188,027.50. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Large shareholders that own 10% or more of a company’s shares are required to disclose their transactions with the SEC.
NYSE KODK opened at $2.58 on Friday. Eastman Kodak has a 52-week low of $1.87 and a 52-week high of $3.87. The company has a fifty day moving average of $2.56 and a 200-day moving average of $2.47. The company has a quick ratio of 1.29, a current ratio of 1.94 and a debt-to-equity ratio of 0.82.
Separately, ValuEngine raised shares of Eastman Kodak from a “hold” rating to a “buy” rating in a report on Friday, November 8th.
Eastman Kodak Company Profile
Eastman Kodak Company provides hardware, software, consumables, and services to customers in the graphic arts, commercial print, publishing, electronic displays, entertainment and commercial films, and consumer products markets worldwide. The company operates in six segments: Print Systems, Enterprise Inkjet Systems, Software and Solutions, Consumer and Film, Advanced Materials and 3D Printing Technology, and Eastman Business Park.
Featured Story: What is the CAC 40 Index
Receive News & Ratings for Eastman Kodak Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Eastman Kodak and related companies with MarketBeat.com's FREE daily email newsletter.