What Next for Eastman Kodak Company (KODK) Stock After Today’s Big Decline?

Eastman Kodak Company (NYSE:KODK) Logo

Investors sentiment decreased to 0.52 in 2019 Q2. Its down 0.77, from 1.29 in 2019Q1. It worsened, as 14 investors sold Eastman Kodak Company shares while 19 reduced holdings. 10 funds opened positions while 7 raised stakes. 21.59 million shares or 11.93% less from 24.52 million shares in 2019Q1 were reported.
Blackrock reported 0% in Eastman Kodak Company (NYSE:KODK). National Bank Of Ny Mellon Corporation, New York-based fund reported 41,513 shares. Brighton Jones Ltd Llc reported 17,500 shares. 8.88 million were reported by Blackstone Group Inc. Quinn Opportunity Prtn Ltd Liability, New York-based fund reported 81,550 shares. Invesco Ltd has invested 0% in Eastman Kodak Company (NYSE:KODK). Spark Inv Management Limited Liability Com stated it has 72,075 shares or 0.01% of all its holdings. Dupont Mngmt holds 0% or 18,376 shares. Tower Cap Ltd (Trc) has invested 0% in Eastman Kodak Company (NYSE:KODK). Green Square Cap Ltd Liability Corp stated it has 0.09% in Eastman Kodak Company (NYSE:KODK). Southeastern Asset Mgmt Tn has invested 0.2% in Eastman Kodak Company (NYSE:KODK). Deutsche Natl Bank Ag reported 0% in Eastman Kodak Company (NYSE:KODK). Dimensional Fund Lp has invested 0% in Eastman Kodak Company (NYSE:KODK). Howe & Rusling has 36 shares for 0% of their portfolio. Us Bancshares De holds 4 shares.

Since August 15, 2019, it had 1 insider buy, and 0 selling transactions for $45,601 activity.

The stock of Eastman Kodak Company (NYSE:KODK) is a huge mover today! The stock decreased 3.53% or $0.1 during the last trading session, reaching $2.73. About 244,826 shares traded or 36.34% up from the average. Eastman Kodak Company (NYSE:KODK) has declined 26.67% since September 13, 2018 and is downtrending. It has underperformed by 26.67% the S&P500.
The move comes after 7 months negative chart setup for the $123.54 million company. It was reported on Sep, 13 by Barchart.com. We have $2.54 PT which if reached, will make NYSE:KODK worth $8.65M less.

More notable recent Eastman Kodak Company (NYSE:KODK) news were published by: Finance.Yahoo.com which released: “Eastman Kodak Co (KODK) Q1 2019 Earnings Call Transcript – Yahoo Finance” on May 09, 2019, also Seekingalpha.com with their article: “Kodak strikes strategic relationship with Lucky Huaguang – Seeking Alpha” published on August 05, 2019, Seekingalpha.com published: “Eastman Kodak Company 2018 Q4 – Results – Earnings Call Slides – Seeking Alpha” on April 02, 2019. More interesting news about Eastman Kodak Company (NYSE:KODK) were released by: Streetinsider.com and their article: “Kodak (KODK) Adopts Tax Asset Protection Plan – StreetInsider.com” published on September 12, 2019 as well as Seekingalpha.com‘s news article titled: “Kodak: Crypto-Mania Crash Countdown – Seeking Alpha” with publication date: January 26, 2018.

Eastman Kodak Company provides hardware, software, consumables, and services to clients in various markets worldwide. The company has market cap of $123.54 million. The firm operates through seven divisions: Print Systems; Micro 3D Printing and Packaging; Software and Solutions; Consumer and Film; Enterprise Inkjet Systems; Intellectual Property Solutions; and Eastman Business Park. It has a 0.7 P/E ratio. It offers digital offset plate and computer-to-plate imaging solutions, and electro photographic printing solutions to a range of commercial industries, including commercial print, direct mail, book publishing, newspapers and magazines, and packaging.

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