Eastman Kodak Company (NYSE:EK) hit a new 52-week low Tuesday as it changed hands at $3.48 compared with its previous 52-week low of $3.49. Eastman Kodak is currently trading at $3.52 with 5 million shares changing hands as of 11:46 a.m. as compared to the average daily trading volume of 10.4 million.
NEW YORK ( TheStreet) -- Eastman Kodak Company (NYSE: EK) hit a new 52-week low Tuesday as it traded at $3.48 compared with its previous 52-Week low of $3.49. Eastman Kodak is changing hands at $3.52 with five million shares traded as of 11:46 a.m. ET. Average volume has been 10.4 million shares over the past 30 days. Eastman Kodak has a market cap of $976 million and is part of the consumer goods sector and consumer durables industry. Shares are down 33.4% year to date as of the close of trading on Monday. Eastman Kodak Company provides imaging technology products and services to the photographic and graphic communications markets worldwide. TheStreet Ratings rates Eastman Kodak as sell. The company's weaknesses can be seen in multiple areas, such as its unimpressive growth in net income, poor profit margins, weak operating cash flow, generally disappointing historical performance in the stock itself and feeble growth in its earnings per share. You can view the full Eastman Kodak Ratings Report.