Today’s Research Reports on Trending Tickers: Eastman Kodak and Bitcoin Investment Trust
The markets recent slide continued Tuesday as concerns of rising interest rates continued to plague investors. On Tuesday, the yield on the benchmark on the 10-year Treasury note surpassed the 3 percent mark for the first time in four years. The Dow Jones Industrial Average dropped 1.7 percent to close at 24,024.13, its fifth consecutive daily decline, while the S&P 500 Index fell 1.3 percent to close at 2,634.56. The Nasdaq Composite Index declined 1.7 percent to close at 7,007.35.
RDI Initiates Coverage on:
Eastman Kodak Company
Bitcoin Investment Trust
Eastman Kodak’s stock moved 1.03% higher Tuesday, to close the day at $4.90. The stock recorded a trading volume of 479,657 shares, which was below its three months average volume of 1,226,235 shares. In the last year, Eastman Kodak Company’s shares have traded in a range of 2.95 – 13.28. The share price has gained 66.10% from its 52 week low. The company’s shares are currently trading below their 200-day moving average. The stock’s 50-day moving average of $5.09 is below its 200-day moving average of $5.39. Shares of Eastman Kodak are trading at a Price to Earnings ratio of 2.78. Shares of Eastman Kodak have fallen roughly 2 percent in the past month and are up 58.06 percent year-to-date.
Access RDI’s Eastman Kodak Company Research Report at:
On Tuesday, shares of Bitcoin Investment Trust recorded a trading volume of 5,614,493 shares, which was above the three months average volume of 4,510,250 shares. The stock ended the day 10.69% higher at 16.88. The share price has gained 1,105.71% from its 52 week low with a 52 week trading range of 1.40 – 38.71. The company’s shares are currently trading above their 200-day moving average. The stock’s 50-day moving average of $13.34 is below its 200-day moving average of $15.33. Shares of Bitcoin Investment Trust have gained roughly 23.03 percent in the past month and are down 23.81 percent year-to-date.
Access RDI’s Bitcoin Investment Trust Research Report at:
Our Actionable Research on Eastman Kodak Company (NYSE:KODK) and Bitcoin Investment Trust (OTCMKTS:GBTC) can be downloaded free of charge at Research Driven Investing.
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