Eastman Kodak (NYSE:KODK) Announces Earnings Results

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

Eastman Kodak Price Performance

NYSE:KODK opened at $7.03 on Tuesday. The company has a debt-to-equity ratio of 0.47, a current ratio of 2.41 and a quick ratio of 1.51. The firm has a market cap of $565.53 million, a price-to-earnings ratio of 10.05 and a beta of 3.75. The company has a 50 day moving average price of $7.07 and a 200-day moving average price of $6.10. Eastman Kodak has a 1-year low of $4.26 and a 1-year high of $8.24.

Insider Activity

In other news, Director Michael Sileck bought 10,000 shares of the business’s stock in a transaction dated Thursday, December 19th. The stock was purchased at an average cost of $7.02 per share, with a total value of $70,200.00. Following the acquisition, the director now directly owns 107,940 shares in the company, valued at $757,738.80. This trade represents a 10.21 % increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Insiders own 23.86% of the company’s stock.

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.