Eastman Kodak (NYSE:KODK) Announces Quarterly Earnings Results

Eastman Kodak (NYSE:KODK) released its quarterly earnings data on Monday. The technology company reported $0.23 earnings per share for the quarter, Zacks reports. Eastman Kodak had a return on equity of 8.47% and a net margin of 7.70%.

Eastman Kodak Price Performance

Shares of Eastman Kodak stock traded up $0.06 during midday trading on Monday, hitting $7.03. 2,523,861 shares of the company traded hands, compared to its average volume of 1,121,814. The firm’s fifty day moving average price is $7.06 and its 200-day moving average price is $6.09. The stock has a market cap of $565.53 million, a price-to-earnings ratio of 10.05 and a beta of 3.75. Eastman Kodak has a 12 month low of $4.26 and a 12 month high of $8.24. The company has a debt-to-equity ratio of 0.47, a quick ratio of 1.51 and a current ratio of 2.41.

Insider Activity at Eastman Kodak

In other news, Director Michael Sileck acquired 10,000 shares of Eastman Kodak stock in a transaction that occurred on Thursday, December 19th. The shares were acquired at an average price of $7.02 per share, for a total transaction of $70,200.00. Following the transaction, the director now directly owns 107,940 shares of the company’s stock, valued at approximately $757,738.80. The trade was a 10.21 % increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 23.86% of the stock is owned by insiders.

Eastman Kodak Company Profile

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.