Eastman Kodak (NYSE:KODK) Posts Quarterly Earnings Results

Eastman Kodak (NYSE:KODK) issued its quarterly earnings data on Monday. The technology company reported $0.23 earnings per share (EPS) for the quarter, Zacks reports. The business had revenue of $266.00 million during the quarter. Eastman Kodak had a return on equity of 8.47% and a net margin of 7.70%.

Eastman Kodak Stock Performance

KODK opened at $6.55 on Wednesday. The company has a market capitalization of $526.22 million, a price-to-earnings ratio of 9.35 and a beta of 3.75. The company has a debt-to-equity ratio of 0.47, a current ratio of 2.41 and a quick ratio of 1.51. Eastman Kodak has a 1-year low of $4.26 and a 1-year high of $8.24. The business has a 50 day moving average price of $7.08 and a two-hundred day moving average price of $6.11.

Insiders Place Their Bets

In other news, Director Michael Sileck bought 10,000 shares of the business’s stock in a transaction 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 completion of the transaction, the director now directly owns 107,940 shares of the company’s stock, valued at approximately $757,738.80. This trade represents 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 currently 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.