KODK Stock Surges Over 5% Amid Strong Financial Performance

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Jan 21, 2025
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Eastman Kodak Company (KODK, Financial) experienced a significant stock price increase of 5.02%, reaching $7.65 per share. The trading volume hit 1.17 million shares with a turnover rate of 1.46% and a price fluctuation of 6.59%.

Recent financial reports indicate that Kodak achieved a revenue of $261 million, a net profit of $18 million, and earnings per share of $0.16. The company's gross profit stood at $45 million, with a price-to-earnings ratio of 10.91. Currently, there are no institutional ratings for buy, hold, or sell recommendations on the stock.

In the professional business services sector, where Kodak operates, the overall increase was 1.70%. Among related stocks, System1, Inc., Team, Inc., and Smx (Security Matters) Plc showed notable gains. System1, Inc. and Smx (Security Matters) Public Limited Company were particularly active, with turnover rates of 31.38% and 25.22% respectively. System1, Inc. also recorded a significant price fluctuation of 81.95%.

Kodak, headquartered in the United States, operates through various segments including printing, brand, and advanced materials and chemicals. The printing segment is the primary revenue driver, offering products like digital offset plates and imaging solutions. The company's revenue is geographically diversified across the Americas, Europe, the Middle East, Africa, Asia-Pacific, and Latin America.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.