Eastman Kodak Co (NYSE:KODK): -14.84% Off High, Can It Comeback?

In last trading session, Eastman Kodak Co (NYSE:KODK) saw 1.78 million shares changing hands with its beta currently measuring 3.69. Company’s recent per share price level of $6.74 trading at -$0.7 or -9.41% at ring of the bell on the day assigns it a market valuation of $541.90M. That closing price of KODK’s stock is at a discount of -14.84% from its 52-week high price of $7.74 and is indicating a premium of 50.59% from its 52-week low price of $3.33. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 1.71 million shares which gives us an average trading volume of 1.16 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 -9.41%, in the last five days KODK remained trading in the green while hitting it’s week-highest on Wednesday, 12/18/24 when the stock touched $6.74 price level, adding 10.85% to its value on the day. Eastman Kodak Co’s shares saw a change of 72.82% in year-to-date performance and have moved 0.30% in past 5-day. Eastman Kodak Co (NYSE:KODK) showed a performance of 47.48% in past 30-days. Number of shares sold short was 5.31 million shares which calculate 3.07 days to cover the short interests.

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

Insiders are in possession of 22.14% of company’s total shares while institution are holding 44.69 percent of that, with stock having share float percentage of 57.40%. Investors also watch the number of corporate investors in a company very closely, which is 44.69% institutions for Eastman Kodak Co that are currently holding shares of the company. BLACKROCK INC. is the top institutional holder at KODK for having 4.53 million shares of worth $24.39 million. And as of 2024-06-30, it was holding 5.6877 of the company’s outstanding shares.

The second largest institutional holder is VANGUARD GROUP INC, which was holding about 3.84 million shares on 2024-06-30. The number of shares represents firm’s hold over 4.8169 of outstanding shares, having a total worth of $20.65 million.