Eastman Kodak's low P/E ratio is due to its recent limited g...
Eastman Kodak's low P/E ratio is due to its recent limited growth rates, with expectations of this trend persisting. The potential for earnings improvement is not seen as sufficient to justify a higher P/E ratio. Unless medium-term conditions improve, they will continue to hinder the share price.
Eastman Kodak Company's (NYSE:KODK) Shares Bounce 38% But Its Business Still Trails The Market
Disclaimer: The above information does not represent the views of Moomoo Technologies Inc. (MTI) or constitute investment advice related to MTI and its affiliates.
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