Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.
In the latest session, Eastman Kodak Co. (NYSE: KODK) closed at $4.40 down -3.93% from its previous closing price of $4.58. In other words, the price has decreased by -$3.93 from its previous closing price. On the day, 0.64 million shares were traded. KODK stock price reached its highest trading level at $4.53 during the session, while it also had its lowest trading level at $4.36.
Ratios:
For a deeper understanding of Eastman Kodak Co.’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 1.32 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 58.59. For the most recent quarter (mrq), Quick Ratio is recorded 1.75 and its Current Ratio is at 2.52. In the meantime, Its Debt-to-Equity ratio is 0.43 whereas as Long-Term Debt/Eq ratio is at 0.42.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Nov 16 ’23 when Katz Philippe D bought 6,000 shares for $3.70 per share. The transaction valued at 22,200 led to the insider holds 161,496 shares of the business.
Katz Philippe D bought 3,000 shares of KODK for $13,770 on May 22 ’23. The Director now owns 155,496 shares after completing the transaction at $4.59 per share. On May 19 ’23, another insider, SILECK MICHAEL, who serves as the Director of the company, bought 15,000 shares for $4.39 each. As a result, the insider paid 65,850 and bolstered with 74,575 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, KODK now has a Market Capitalization of 351639616 and an Enterprise Value of 801560000. As of this moment, Eastman’s Price-to-Earnings (P/E) ratio for their current fiscal year is 7.23. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.31 while its Price-to-Book (P/B) ratio in mrq is 0.38. Its current Enterprise Value per Revenue stands at 0.718 whereas that against EBITDA is 4.09.
Stock Price History:
Over the past 52 weeks, KODK has reached a high of $6.34, while it has fallen to a 52-week low of $3.17. The 50-Day Moving Average of the stock is -3.89%, while the 200-Day Moving Average is calculated to be 2.86%.
Shares Statistics:
For the past three months, KODK has traded an average of 1.33M shares per day and 591540 over the past ten days. A total of 79.60M shares are outstanding, with a floating share count of 62.27M. Insiders hold about 22.06% of the company’s shares, while institutions hold 45.58% stake in the company. Shares short for KODK as of 1713139200 were 6231569 with a Short Ratio of 4.68, compared to 1710460800 on 5674877. Therefore, it implies a Short% of Shares Outstanding of 6231569 and a Short% of Float of 14.17.
