Eastman Kodak Co (NYSE: KODK) In 2024: Will It Be Worth Investing In?

In the last trading session, 1.62 million shares of the Eastman Kodak Co (NYSE:KODK) were traded, and its beta was 3.69. Most recently the company’s share price was $7.11, and it changed around $0.27 or 3.95% from the last close, which brings the market valuation of the company to $594.20M. KODK currently trades at a discount to its 52-week high of $7.74, offering almost -8.86% off that amount. The share price’s 52-week low was $3.33, which indicates that the current value has risen by an impressive 53.16% since then. We note from Eastman Kodak Co’s average daily trading volume that its 10-day average is 3.37 million shares, with the 3-month average coming to 1.01 million.

Eastman Kodak Co (NYSE:KODK) trade information

Instantly KODK has showed a green trend with a performance of 3.95% at the end of last trading. The performance over the last five days has remained in the red territory. The rise to weekly highs of 7.46 on recent trading dayincreased the stock’s daily price by 4.69%. The company’s shares are currently up 82.31% year-to-date, but still down -1.93% over the last five days. On the other hand, Eastman Kodak Co (NYSE:KODK) is 28.80% up in the 30-day period. We can see from the shorts that 5.33 million shares have been sold at a short interest cover period of 8.23 day(s).

KODK Dividends

Eastman Kodak Co’s next quarterly earnings report is expected to be released in January.

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

Upon looking at major shareholders, it appears that insiders hold 22.13% of Eastman Kodak Co shares, and 44.72% of them are in the hands of institutional investors. The stock currently has a share float of 57.44%. Eastman Kodak Co stock is held by 184.0 institutions, with BLACKROCK INC. being the largest institutional investor. By 2024-06-30, it held 5.6877% of the shares, which is about 4.53 million shares worth $24.39 million.

VANGUARD GROUP INC, with 4.8169% or 3.84 million shares worth $20.65 million as of 2024-06-30, holds the second largest percentage of outstanding shares.