Published: Sat, January 13, 2018
Finance | By Loren Pratt

Kodak unveils KODAKCoin cryptocurrency, blockchain image platform

Kodak unveils KODAKCoin cryptocurrency, blockchain image platform

(NASDAQ:NMRX). Northern Tru Corp accumulated 63,450 shares or 0% of the stock. Shares of Eastman Kodak Company (KODK) are trading -56.83% downward from the 52-week high mark and 130.51% above from the fifty two-week low mark. Parallax Volatility Advisers L P holds 0% or 808 shares. A reading above 70 indicates that a stock is overvalued, and a reading below 30 implies that it is undervalued. Cove Street Limited Co invested in 722,798 shares or 0.59% of the stock. Her Majesty The Queen In Right Of The Province Of Alberta As Represented By Alberta Investment Mgmt, Alberta - Canada-based fund reported 454,984 shares. Citadel Advisors Ltd Liability owns 134,700 shares or 0% of their U.S. portfolio.

Eastman Kodak (NYSE:KODK) 52-week high price stands at $15.50 and low price stands at $2.95, its price distance from 52-week high is -45.81% while its distance from 52-week low price is 184.75%. Kodak already has a coin mining operation (in which individuals and companies trade computing time for cryptocurrency) and may benefit from mining KodakCoin as well. Millennium Llc reported 0% stake. Fmr Ltd holds 0% of its portfolio in Eastman Kodak Company (NYSE:KODK) for 877,562 shares. Amer Group Inc Inc Inc stated it has 11,069 shares. Manufacturers Life Ins Company The has invested 0% of its portfolio in Eastman Kodak Company (NYSE:KODK).

Jumping on the ICO bandwagon has boosted stock prices for other flagging companies, so it was a safe bet that it would work for Kodak as well. The stock increased 119.35% or $3.7 during the last trading session, reaching $6.8. Over the past quarter, the average daily trading volume stood at about 5.82 million shares per day.

Kodak has become just the latest brand name company to jump on the crypto trend to send its stock soaring.

Separately, TheStreet lowered shares of Eastman Kodak from a "c-" rating to a "d" rating in a report on Wednesday, November 29th.

InspireMD, Inc. (NYSE:NSPR) is worth US$1.3 Million and has recently fallen -14% to US$0.17.

Eastman Kodak Company (KODK) have shown a high EPS growth of 19.00% in the last 5 years and has earnings rose of 161.60% yoy.

Global Blockchain Technologies Corp., a company that provides investors with access to a basket of holdings within the blockchain space, is leading the investment in the Kodak Coin Initial Coin Offering (ICO) with $2 million investment. 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.

According to the company, which famously failed to retain its top spot in the digital camera market having invented the first digital camera in 1975, its new blockchain-enhanced venture is a product aimed at 21 century photographers.

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