Buy, Sell Or Hold Eastman Kodak Co. (NYSE:KODK) At $4.72?

In last trading session, Eastman Kodak Co. (NYSE:KODK) saw 0.62 million shares changing hands with its beta currently measuring 3.57. Company’s recent per share price level of $4.72 trading at -$0.08 or -1.67% at ring of the bell on the day assigns it a market valuation of $377.13M. That closing price of KODK’s stock is at a discount of -34.32% from its 52-week high price of $6.34 and is indicating a premium of 32.84% from its 52-week low price of $3.17. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 0.87 million shares which gives us an average trading volume of 1.34 million if we extend that period to 3-months.

Eastman Kodak Co. (NYSE:KODK) trade information

Upright in the red during last session for losing -1.67%, in the last five days KODK remained trading in the red while hitting it’s week-highest on Monday, 04/08/24 when the stock touched $4.72 price level, adding 11.94% to its value on the day. Eastman Kodak Co.’s shares saw a change of 21.03% in year-to-date performance and have moved -7.63% in past 5-day. Eastman Kodak Co. (NYSE:KODK) showed a performance of -10.94% in past 30-days. Number of shares sold short was 5.75 million shares which calculate 2.16 days to cover the short interests.

KODK Dividends

Eastman Kodak Co. is more likely to be releasing its next quarterly report between May 07 and May 13 and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt.

Eastman Kodak Co. (NYSE:KODK)’s Major holders

Insiders are in possession of 22.02% of company’s total shares while institution are holding 34.38 percent of that, with stock having share float percentage of 44.09%. Investors also watch the number of corporate investors in a company very closely, which is 34.38% institutions for Eastman Kodak Co. that are currently holding shares of the company. Blackrock Inc. is the top institutional holder at KODK for having 4.08 million shares of worth $18.83 million. And as of Jun 29, 2023, it was holding 5.13% of the company’s outstanding shares.

The second largest institutional holder is Vanguard Group Inc, which was holding about 3.87 million shares on Jun 29, 2023. The number of shares represents firm’s hold over 4.87% of outstanding shares, having a total worth of $17.9 million.

On the other hand, Vanguard Total Stock Market Index Fund and iShares Russell 2000 ETF are the top two Mutual Funds which own company’s shares. As of Jun 29, 2023, the former fund manager was holding 2.07 million shares of worth $9.57 million or 2.61% of the total outstanding shares. The later fund manager was in possession of 1.34 million shares on Aug 30, 2023, making its stake of worth around $5.98 million in the company or a holder of 1.68% of company’s stock.