Eastman Kodak (NYSE:KODK – Get Free Report) was upgraded by StockNews.com from a “sell” rating to a “hold” rating in a research report issued on Tuesday.
Eastman Kodak Trading Down 2.0 %
NYSE:KODK opened at $4.83 on Tuesday. Eastman Kodak has a 12 month low of $3.33 and a 12 month high of $6.18. The stock has a market cap of $386.88 million, a price-to-earnings ratio of 7.55 and a beta of 3.66. The company has a 50-day moving average price of $5.51 and a 200-day moving average price of $4.88. The company has a current ratio of 2.47, a quick ratio of 1.63 and a debt-to-equity ratio of 0.47.
Hedge Funds Weigh In On Eastman Kodak
Institutional investors and hedge funds have recently modified their holdings of the stock. Gladius Capital Management LP bought a new position in shares of Eastman Kodak in the 2nd quarter worth $33,000. IPG Investment Advisors LLC purchased a new stake in shares of Eastman Kodak in the fourth quarter worth about $50,000. CWM LLC boosted its stake in shares of Eastman Kodak by 128.4% in the second quarter. CWM LLC now owns 11,410 shares of the technology company’s stock worth $61,000 after buying an additional 6,415 shares during the last quarter. Tower Research Capital LLC TRC boosted its stake in shares of Eastman Kodak by 244.2% in the fourth quarter. Tower Research Capital LLC TRC now owns 15,687 shares of the technology company’s stock worth $61,000 after buying an additional 11,130 shares during the last quarter. Finally, Rathbones Group PLC purchased a new stake in shares of Eastman Kodak in the second quarter worth about $69,000. Hedge funds and other institutional investors own 33.65% of the company’s stock.
Eastman Kodak Company Profile
Eastman Kodak Company engages in the provision of hardware, software, consumables, and services to customers in the commercial print, packaging, publishing, manufacturing, and entertainment markets worldwide. The company operates through three segments: Print, Advanced Materials and Chemicals, and Brand.
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