StockNews.com started coverage on shares of Reading International (NASDAQ:RDI – Get Rating) in a research note issued to investors on Wednesday. The brokerage set a “sell” rating on the stock.
Reading International Stock Performance
Shares of RDI opened at $2.90 on Wednesday. The stock has a 50 day moving average of $3.17 and a 200 day moving average of $3.25. The company has a market capitalization of $64.33 million, a price-to-earnings ratio of -2.01 and a beta of 1.58. Reading International has a 12 month low of $2.65 and a 12 month high of $4.88. The company has a current ratio of 0.29, a quick ratio of 0.29 and a debt-to-equity ratio of 3.21.
Reading International (NASDAQ:RDI – Get Rating) last announced its earnings results on Monday, April 3rd. The company reported ($0.60) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.34) by ($0.26). The business had revenue of $47.20 million for the quarter. Reading International had a negative net margin of 15.31% and a negative return on equity of 45.76%.
Hedge Funds Weigh In On Reading International
Reading International Company Profile
Reading International, Inc is an entertainment and real estate company, which engages in the development, ownership, and operation of multiplex cinemas and retail and commercial real estate in the United States, Australia, and New Zealand. It operates through the Cinema Exhibition and Real Estate segments.
- Get a free copy of the StockNews.com research report on Reading International (RDI)
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