Kodak Shares Drop 5.11 percent Amidst Market Volatility
KODK Stock | USD 6.81 0.04 0.58% |
About 55% of Eastman Kodak's investor base is interested to short. The analysis of overall sentiment of trading Eastman Kodak Co stock suggests that many investors are impartial at this time. Eastman Kodak's investing sentiment shows overall attitude of investors towards Eastman Kodak Co.
Eastman |
Kodak experienced significant stock volatility with a 5.11 percent drop in its share price, trading at 7.06. The trading volume reached 929,976 shares, with a
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Eastman Kodak Investor Sentiment by Other News Outlets
Investor sentiment, mood or attitude towards Eastman Kodak can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Eastman Kodak Fundamental Analysis
We analyze Eastman Kodak's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Eastman Kodak using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Eastman Kodak based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Working Capital
Working Capital Comparative Analysis
Eastman Kodak is currently under evaluation in working capital category among its peers. Working Capital is a measure of company efficiency and operating liquidity. The working capital is usually calculated by subtracting Current Liabilities from Current Assets. It is an important indicator of the firm ability to continue its normal operations without additional debt obligations. .
Eastman Kodak Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Eastman Kodak stock to make a market-neutral strategy. Peer analysis of Eastman Kodak could also be used in its relative valuation, which is a method of valuing Eastman Kodak by comparing valuation metrics with similar companies.
Peers
Eastman Kodak Related Equities
SST | System1 | 11.90 | ||||
LICN | Lichen China | 6.25 | ||||
DLHC | DLH Holdings | 4.35 | ||||
NTIP | Network 1 | 2.34 | ||||
ARMK | Aramark Holdings | 0.56 | ||||
TISI | Team | 0.40 | ||||
AZZ | AZZ Incorporated | 0.01 | ||||
MMS | Maximus | 0.16 | ||||
FA | First Advantage | 0.54 | ||||
CVEO | Civeo Corp | 1.20 | ||||
CASS | Cass Information | 1.26 | ||||
ABM | ABM Industries | 1.56 | ||||
SMX | SMX Public | 17.86 |
Check out Eastman Kodak Hype Analysis, Eastman Kodak Correlation and Eastman Kodak Performance. You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
Is Technology Hardware, Storage & Peripherals space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Eastman Kodak. If investors know Eastman will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Eastman Kodak listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.29) | Earnings Share 0.7 | Revenue Per Share 13.162 | Quarterly Revenue Growth (0.03) | Return On Assets 0.0393 |
The market value of Eastman Kodak is measured differently than its book value, which is the value of Eastman that is recorded on the company's balance sheet. Investors also form their own opinion of Eastman Kodak's value that differs from its market value or its book value, called intrinsic value, which is Eastman Kodak's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Eastman Kodak's market value can be influenced by many factors that don't directly affect Eastman Kodak's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Eastman Kodak's value and its price as these two are different measures arrived at by different means. Investors typically determine if Eastman Kodak is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Eastman Kodak's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.