Today’s Research Reports on Trending Tickers: Eastman Kodak Company and Overstock.com, Inc.
NEW YORK, NY / ACCESSWIRE / January 17, 2017 / Early gains from the major indexes were erased Tuesday as political concerns weighed down the market’s recent rally. The Dow Jones Industrial Average declined 0.04 percent to close at 25,792.86, while the S&P 500 Index fell 0.35 percent to close at 2,776.42. The Nasdaq Composite Index dropped 0.51 percent to close at 7,223.69. All three major indexes have posted gains in the range of 22 percent to 30 percent over the past 12 months.
“We will see more market exuberance from positive earnings, but there is plenty of political uncertainty that will temper investor expectations,” said Alexandra Coupe, associate director and portfolio manager at PAAMCO.
RDI Initiates Coverage on:
Eastman Kodak Company
https://rdinvesting.com/news/?ticker=KODK
Overstock.com, Inc.
https://rdinvesting.com/news/?ticker=OSTK
Eastman Kodak’s stock moved 7.61% lower Tuesday, to close the day at $8.50. The stock recorded a trading volume of 8,653,912 shares, which was above its three months average volume of 3,723,095 shares. In the last year, Eastman Kodak’s shares have traded in a range of 2.95 – 15.30. The share price has gained 188.14% from its 52 week low. The company’s shares are currently trading above their 200-day moving average. The stock’s 50-day moving average of $3.95 is below its 200-day moving average of $6.43. Shares of Eastman Kodak have gained roughly 153.73 percent in the past month and are up 174.19 percent year-to-date.
Access RDI’s Eastman Kodak Company Research Report at:
https://rdinvesting.com/news/?ticker=KODK
On Tuesday, shares of Overstock.com, Inc. recorded a trading volume of 7,504,689 shares, which was above the three months average volume of 4,242,030 shares. The stock ended the day 11.02% lower at 70.25. The share price has gained 410.91% from its 52 week low with a 52 week trading range of 13.75 – 89.80. The company’s shares are currently trading above their 200-day moving average. The stock’s 50-day moving average of $63.84 is greater than its 200-day moving average of $36.88. Shares of Overstock.com have gained roughly 2.78 percent in the past month and are up 9.94 percent year-to-date.
Access RDI’s Overstock.com, Inc. Research Report at:
https://rdinvesting.com/news/?ticker=OSTK
Our Actionable Research on Eastman Kodak Company (NYSE :KODK) and Overstock.com, Inc. (NASDAQ :OSTK) can be downloaded free of charge at Research Driven Investing.
Research Driven Investing
We are committed to providing relevant and actionable information for the self-directed investor. Our research is reputed for being a leader in trusted, in-depth analysis vital for informed strategic trading decisions. The nimble investor can leverage our analysis and collective expertise to execute a disciplined approach to stock selection.
RDInvesting has not been compensated; directly or indirectly; for producing or publishing this document.
Disclaimer: This article is written by an independent contributor of RDInvesting.com and Nadia Noorani, a CFA® charter holder, has provided necessary guidance in preparing the document templates. RDInvesting.com is neither a registered broker dealer nor a registered investment advisor. For more information please read our full disclaimer at www.rdinvesting.com/disclaimer.
CONTACT
For any questions, inquiries, or comments reach out to us directly at:
Address:
Research Driven Investing, Unit #901 511 Avenue of the Americas, New York, NY, 10011
Email:
contact@rdinvesting.com
CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.
SOURCE: RDInvesting.com
ReleaseID: 486232