Somewhat Critical Press Coverage Very Unlikely to Affect Eastman Kodak (NYSE:KODK) Share Price

Press coverage about Eastman Kodak (NYSE:KODK) has trended somewhat negative this week, according to Accern. Accern identifies negative and positive media coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Eastman Kodak earned a news impact score of -0.03 on Accern’s scale. Accern also assigned media coverage about the technology company an impact score of 25 out of 100, indicating that recent media coverage is very unlikely to have an impact on the stock’s share price in the next several days.

These are some of the news headlines that may have impacted Accern Sentiment Analysis’s scoring:

Eastman Kodak (NYSE KODK) traded down 2.12% on Friday, hitting $9.25. 66,286 shares of the stock traded hands. Eastman Kodak has a 12-month low of $8.55 and a 12-month high of $17.30. The firm’s 50-day moving average price is $9.28 and its 200-day moving average price is $11.33. The stock has a market cap of $392.77 million, a price-to-earnings ratio of 12.16 and a beta of 0.54.

COPYRIGHT VIOLATION WARNING: “Somewhat Critical Press Coverage Very Unlikely to Affect Eastman Kodak (NYSE:KODK) Share Price” was originally reported by Chaffey Breeze and is the sole property of of Chaffey Breeze. If you are viewing this article on another website, it was illegally stolen and republished in violation of U.S. & international copyright legislation. The legal version of this article can be accessed at https://www.chaffeybreeze.com/2017/07/29/eastman-kodak-company-common-new-nysekodk-receiving-somewhat-negative-news-coverage-analysis-shows-updated-updated-updated.html.

In other Eastman Kodak news, major shareholder Credit Opportunit Bluemountain sold 18,160,007 shares of the company’s stock in a transaction that occurred on Tuesday, May 23rd. The stock was sold at an average price of $10.75, for a total value of $195,220,075.25. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, insider Brad Kruchten sold 3,400 shares of the company’s stock in a transaction that occurred on Friday, July 14th. The stock was sold at an average price of $9.05, for a total value of $30,770.00. Following the completion of the transaction, the insider now owns 10,195 shares of the company’s stock, valued at approximately $92,264.75. The disclosure for this sale can be found here. In the last three months, insiders have sold 18,165,027 shares of company stock valued at $195,266,154. Corporate insiders own 4.60% of the company’s stock.

Insider Buying and Selling by Quarter for Eastman Kodak (NYSE:KODK)

Receive News & Ratings for Eastman Kodak Company Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Eastman Kodak Company and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply