Press coverage about Eastman Kodak (NYSE:KODK) has been trending somewhat positive on Tuesday, according to Accern. Accern identifies negative and positive news coverage by monitoring more than twenty million blog and news sources in real-time. 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 media sentiment score of 0.11 on Accern’s scale. Accern also gave media headlines about the technology company an impact score of 47.2018543266192 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.
Here are some of the news stories that may have effected Accern Sentiment Analysis’s rankings:
- Kodak will lay off 425 employees after reporting millions in losses (dpreview.com)
- Eastman Kodak plans to lay off 100 workers in Rochester (newyorkupstate.com)
- Kodak Cuts 425 Jobs – Presented by: The Aol. On Network (nasdaq.com)
- Eastman Kodak cuts over 400 jobs due to financial loss (diyphotography.net)
- Eastman Kodak to Layoff Over 400 Workers; But Film Probably Isn’t Being Affected (thephoblographer.com)
Separately, ValuEngine upgraded shares of Eastman Kodak from a “sell” rating to a “hold” rating in a research report on Friday, September 1st.
Eastman Kodak (NYSE KODK) traded down $0.15 during mid-day trading on Tuesday, hitting $3.60. 250,000 shares of the stock were exchanged, compared to its average volume of 158,431. Eastman Kodak has a 52 week low of $3.50 and a 52 week high of $17.29. The company has a debt-to-equity ratio of -3.44, a current ratio of 2.40 and a quick ratio of 1.64.
In related news, Director Jeffrey D. Engelberg acquired 5,000 shares of the business’s stock in a transaction that occurred on Wednesday, August 16th. The stock was purchased at an average cost of $7.40 per share, for a total transaction of $37,000.00. Following the transaction, the director now directly owns 15,000 shares of the company’s stock, valued at approximately $111,000. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Also, CEO Jeff Clarke acquired 5,500 shares of the business’s stock in a transaction that occurred on Wednesday, August 16th. The shares were bought at an average price of $7.37 per share, with a total value of $40,535.00. Following the completion of the transaction, the chief executive officer now directly owns 111,679 shares in the company, valued at $823,074.23. The disclosure for this purchase can be found here. Over the last quarter, insiders have bought 21,600 shares of company stock valued at $157,878 and have sold 4,485 shares valued at $30,515. 5.10% of the stock is currently owned by company insiders.
About Eastman Kodak
Eastman Kodak Company provides hardware, software, consumables, and services to customers in various markets worldwide. The company operates through seven segments: Print Systems; Micro 3D Printing and Packaging; Software and Solutions; Consumer and Film; Enterprise Inkjet Systems; Intellectual Property Solutions; and Eastman Business Park.
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