Eastman Kodak (NYSE:KODK) Issues Quarterly Earnings Results

Eastman Kodak (NYSE:KODKGet Free Report) posted its earnings results on Monday. The technology company reported $0.23 EPS for the quarter, Zacks reports. Eastman Kodak had a net margin of 7.70% and a return on equity of 8.47%.

Eastman Kodak Stock Performance

Shares of NYSE KODK traded up $0.06 during trading hours on Monday, hitting $7.03. 2,449,058 shares of the stock were exchanged, compared to its average volume of 893,084. The company has a debt-to-equity ratio of 0.47, a current ratio of 2.41 and a quick ratio of 1.51. The company’s 50 day moving average is $7.06 and its 200 day moving average is $6.09. The firm has a market capitalization of $565.53 million, a P/E ratio of 10.05 and a beta of 3.75. Eastman Kodak has a one year low of $4.26 and a one year high of $8.24.

Insider Buying and Selling

In related news, Director Michael Sileck bought 10,000 shares of the business’s stock in a transaction that occurred on Thursday, December 19th. The stock was purchased at an average cost of $7.02 per share, for a total transaction of $70,200.00. Following the purchase, the director now directly owns 107,940 shares in the company, valued at $757,738.80. This trade represents a 10.21 % increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. 23.86% of the stock is owned by insiders.

About Eastman Kodak

(Get Free Report)

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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Earnings History for Eastman Kodak (NYSE:KODK)

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