Kodak Stock Is Trading At 52-Week Highs: What's Going On?
Benzinga (Mon, 25-Nov 4:53 PM ET)
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Eastman Kodak Company Third Quarter 2024 Earnings Conference Call
Globe Newswire (Tue, 5-Nov 11:32 AM ET)
Eastman Kodak Co is a United States-based company. The company operates via several business segments; Print, Brand, and Advanced Materials and Chemicals. The Print segment which derives the majority of revenue includes products like digital offset plate offerings and computer-to-plate imaging solutions, high-quality digital printing solutions using electrically charged toner-based technology, production press systems, consumables, inkjet components, software and services. Geographically, the company generates revenue from the United States, Canada, Europe, Middle East and Africa, Asia Pacific, and Latin America.
Eastman Kodak Company Common New trades on the NYSE stock market under the symbol KODK.
As of November 25, 2024, KODK stock price climbed to $6.25 with 7,386,708 million shares trading.
KODK has a beta of 1.88, meaning it tends to be more sensitive to market movements. KODK has a correlation of 0.12 to the broad based SPY ETF.
KODK has a market cap of $502.50 million. This is considered a Small Cap stock.
In the last 3 years, KODK traded as high as $7.50 and as low as $2.78.
The top ETF exchange traded funds that KODK belongs to (by Net Assets): VTI, IWM, VXF, KOMP, IWN.
KODK has outperformed the market in the last year with a price return of +67.1% while the SPY ETF gained +32.9%. KODK has also outperformed the stock market ETF in the last 3 month and 2 week periods returning +27.0% and +16.6%, respectively, while the SPY returned +7.7% and -0.1%, respectively.
KODK support price is $5.06 and resistance is $5.48 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that KODK shares will trade within this expected range on the day.