Eastman Kodak Co (NYSE: KODK) stock closed at $5.34 on 2/29/24 after a major increase of 52.6%. Moreover, exceptionally high trading volume at 2021% of normal accompanied the advance. Relative to the market the stock has been extremely weak over the last nine months but has risen 56.1% during the last week.
Current PriceTarget Research Rating
With future capital returns forecasted to be in line with the cost of capital, KODK is expected to continue to be Value Creation neutral.
Eastman Kodak has a current Value Trend Rating of C (Neutral). This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Eastman Kodak has a good Appreciation Score of 72 but a poor Power Rating of 30, and the Neutral Value Trend Rating results.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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