Kodak Stock Jumps By 31% In The Last 10 Sessions

(VIANEWS) – Shares of Kodak (NYSE: KODK) jumped by a staggering 31.61% in 10 sessions from $4.46 to $5.87 at 09:54 EST on Monday, after two consecutive sessions in a row of gains. NYSE is rising 0.19% to $15,671.63, following the last session’s upward trend.

Kodak’s last close was $5.82, 19.61% below its 52-week high of $7.24.

About Kodak

Eastman Kodak Company provides hardware, software, consumables, and services to customers in the commercial print, packaging, publishing, manufacturing, and entertainment markets worldwide. The company operates through four segments: Traditional Printing, Digital Printing, Advanced Materials and Chemicals, and Brand. The Traditional Printing segment offers digital offset plate and computer-to-plate imaging solutions to commercial industries, including commercial print, direct mail, book publishing, newspapers and magazines, and packaging. The Digital Printing segment provides electrophotographic printing solutions, such as The ASCEND and NEXFINITY printers; prosper products, including the PROSPER 6000 Press, PROSPER Writing Systems, PROSPER press systems, and PROSPER components; versamark products; and PRINERGY workflow production software. The Advanced Materials and Chemicals segment engages in industrial film and chemicals, motion picture, and advanced materials and functional printing businesses. This segment also comprises the Kodak Research Laboratories, which conducts research, develops new product or new business opportunities, and files patent applications for its inventions and innovations, as well as manages licensing of its intellectual property to third parties. The Brand segment engages in the licensing of Kodak brand to third parties. The company engages in the operation of Eastman Business Park, a technology center and industrial complex. It sells its products and services through direct sales, third party resellers, dealers, channel partners, and distributors. Eastman Kodak Company was founded in 1880 and is headquartered in Rochester, New York.

Earnings Per Share

As for profitability, Kodak has a trailing twelve months EPS of $0.58.

PE Ratio

Kodak has a trailing twelve months price to earnings ratio of 10.12. Meaning, the purchaser of the share is investing $10.12 for every dollar of annual earnings.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 5.5%.

More news about Kodak (KODK).

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