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Reading International, Inc is an entertainment business based in the US. Reading International shares (RDI) are listed on the NASDAQ and all prices are listed in US Dollars. Reading International employs 2,988 staff and has a trailing 12-month revenue of around USD$131.7 million.
|Latest market close||USD$4.14|
|52-week range||USD$2.22 - USD$11.52|
|50-day moving average||USD$3.0986|
|200-day moving average||USD$3.6993|
|Wall St. target price||USD$5|
|Dividend yield||N/A (0%)|
|Earnings per share (TTM)||USD$0.262|
The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.
|1 week (2021-01-07)||-28.13%|
|1 month (2020-12-15)||-10.58%|
|3 months (2020-10-15)||53.33%|
|6 months (2020-07-15)||-9.01%|
|1 year (2020-01-15)||-62.02%|
|2 years (2019-01-15)||-73.50%|
|3 years (2018-01-13)||N/A|
|5 years (2016-01-15)||10.48|
Valuing Reading International stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Reading International's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Reading International's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 28x. In other words, Reading International shares trade at around 28x recent earnings.
That's comparable to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29).
Reading International's EBITDA (earnings before interest, taxes, depreciation and amortisation) is USD$26.8 million.
The EBITDA is a measure of a Reading International's overall financial performance and is widely used to measure a its profitability.
|Revenue TTM||USD$131.7 million|
|Gross profit TTM||USD$57.3 million|
|Return on assets TTM||-4.13%|
|Return on equity TTM||-59.59%|
|Market capitalisation||USD$118.7 million|
TTM: trailing 12 months
There are currently 556,294 Reading International shares held short by investors – that's known as Reading International's "short interest". This figure is 53.5% up from 362,383 last month.
There are a few different ways that this level of interest in shorting Reading International shares can be evaluated.
Reading International's "short interest ratio" (SIR) is the quantity of Reading International shares currently shorted divided by the average quantity of Reading International shares traded daily (recently around 98111.816578483). Reading International's SIR currently stands at 5.67. In other words for every 100,000 Reading International shares traded daily on the market, roughly 5670 shares are currently held short.
However Reading International's short interest can also be evaluated against the total number of Reading International shares, or, against the total number of tradable Reading International shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Reading International's short interest could be expressed as 0.03% of the outstanding shares (for every 100,000 Reading International shares in existence, roughly 30 shares are currently held short) or 0.0396% of the tradable shares (for every 100,000 tradable Reading International shares, roughly 40 shares are currently held short).
A SIR below 10% would generally be considered to indicate a fairly optimistic outlook for the share price, with fewer people currently willing to bet against Reading International.
Find out more about how you can short Reading International stock.
We're not expecting Reading International to pay a dividend over the next 12 months.
Reading International's shares were split on a 3:2 basis on 26 April 1993. So if you had owned 2 shares the day before before the split, the next day you'd have owned 3 shares. This wouldn't directly have changed the overall worth of your Reading International shares – just the quantity. However, indirectly, the new 33.3% lower share price could have impacted the market appetite for Reading International shares which in turn could have impacted Reading International's share price.
Over the last 12 months, Reading International's shares have ranged in value from as little as $2.22 up to $11.52. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while Reading International's is 1.9438. This would suggest that Reading International's shares are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).
Reading International, Inc., together with its subsidiaries, engages in the ownership, development, and operation of entertainment and real property assets in the United States, Australia, and New Zealand. The company operates in two segments, Cinema Exhibition and Real Estate. The Cinema Exhibition segment operates multiplex cinemas. This segment operates its cinema exhibition businesses under the Reading Cinemas, Angelika Film Centers, Consolidated Theatres, City Cinemas, Event Cinemas, State Cinema, and Rialto brands. The Real Estate segment develops, rents, or licenses retail, commercial, and live theater assets. As of December 31, 2019, the company had interests in 60 cinemas comprising approximately 498 screens; fee interests in three live theaters; fee interest in one cinema in Manhattan; fee interests in two cinemas in Australia and four cinemas in New Zealand; fee interest in 44 Union Square property; fee interest in entertainment-themed centers; fee interest in 70.4 acres of developable land; a 50% interest in 202 acres of developable land; fee interest in 2 office buildings; and fee ownership of approximately 20.8 million square feet of developed and undeveloped real estate assets. Reading International, Inc. was founded in 1937 and is headquartered in Culver City, California.
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