Eastman Kodak (NYSE:KODK) Stock Crosses Below 200 Day Moving Average of $5.12

Shares of Eastman Kodak (NYSE:KODKGet Rating) passed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $5.12 and traded as low as $4.30. Eastman Kodak shares last traded at $4.36, with a volume of 343,595 shares trading hands.

Analysts Set New Price Targets

KODK has been the topic of a number of research analyst reports. TheStreet raised Eastman Kodak from a “d” rating to a “c-” rating in a report on Thursday, August 25th. StockNews.com lowered Eastman Kodak from a “hold” rating to a “sell” rating in a research report on Tuesday, November 15th.

Eastman Kodak Price Performance

The stock has a 50 day moving average of $4.91 and a two-hundred day moving average of $5.12. The company has a debt-to-equity ratio of 0.35, a quick ratio of 1.43 and a current ratio of 2.35. The firm has a market capitalization of $344.88 million, a P/E ratio of -217.89 and a beta of 4.23.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the business. BlackRock Inc. increased its position in shares of Eastman Kodak by 3.2% during the third quarter. BlackRock Inc. now owns 4,171,743 shares of the technology company’s stock valued at $19,149,000 after purchasing an additional 129,126 shares during the period. Vanguard Group Inc. increased its position in shares of Eastman Kodak by 4.0% during the first quarter. Vanguard Group Inc. now owns 3,949,389 shares of the technology company’s stock valued at $25,868,000 after purchasing an additional 151,169 shares during the period. State Street Corp increased its position in shares of Eastman Kodak by 3.6% during the third quarter. State Street Corp now owns 2,231,365 shares of the technology company’s stock valued at $10,242,000 after purchasing an additional 77,643 shares during the period. GMT Capital Corp bought a new stake in shares of Eastman Kodak during the first quarter valued at approximately $6,428,000. Finally, Wells Fargo & Company MN increased its position in shares of Eastman Kodak by 90.6% during the second quarter. Wells Fargo & Company MN now owns 760,079 shares of the technology company’s stock valued at $3,527,000 after purchasing an additional 361,234 shares during the period. 32.13% of the stock is owned by institutional investors.

Eastman Kodak Company Profile

(Get Rating)

Eastman Kodak Company provides hardware, software, consumables, and services to customers in the commercial print, packaging, publishing, manufacturing, and entertainment markets worldwide. The company operates through Traditional Printing, Digital Printing, Advanced Materials and Chemicals, and Brand.

Further Reading

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