Reading International (NASDAQ:RDI – Get Free Report) announced its quarterly earnings data on Friday. The company reported ($0.36) earnings per share (EPS) for the quarter, Zacks reports. The firm had revenue of $45.12 million for the quarter.
Reading International Stock Performance
Shares of Reading International stock traded up $0.01 on Friday, reaching $1.06. The stock had a trading volume of 22,686 shares, compared to its average volume of 20,776. Reading International has a fifty-two week low of $0.94 and a fifty-two week high of $1.65. The business’s 50-day moving average price is $1.11 and its two-hundred day moving average price is $1.14. The stock has a market cap of $24.08 million, a P/E ratio of -1.71 and a beta of 0.80.
Analysts Set New Price Targets
Separately, Weiss Ratings reissued a “sell (e+)” rating on shares of Reading International in a research report on Tuesday, April 21st. One research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the stock presently has a consensus rating of “Sell”.
About Reading International
Reading International, Inc (NASDAQ: RDI) is a diversified entertainment and real estate company headquartered in Santa Monica, California. The company’s principal operating arm is Reading Cinemas, a chain of multiplex movie theaters serving audiences in Australia, New Zealand and the United States. Reading Cinemas locations feature a mix of mainstream and independent film programming, premium large-format screens, special event presentations and concession services designed to enhance the customer experience.
In addition to its exhibition business, Reading International maintains a real estate development and management division focused on retail, office and mixed-use properties.
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