Press coverage about Reading International (NASDAQ:RDI) has been trending somewhat positive this week, Accern Sentiment reports. The research firm identifies positive and negative press coverage by monitoring more than twenty million blog and news sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Reading International earned a news sentiment score of 0.15 on Accern’s scale. Accern also assigned press coverage about the company an impact score of 33 out of 100, meaning that recent press coverage is unlikely to have an effect on the stock’s share price in the near future.
Here are some of the media headlines that may have effected Accern Sentiment Analysis’s analysis:
- Reading International Inc (RDI) Announces Earnings Results (americanbankingnews.com)
- Reading International Inc (RDI) Upgraded by Zacks Investment Research to “Hold” (americanbankingnews.com)
- Reading International (RDI) versus ILG (IILGV) Critical Survey (americanbankingnews.com)
- Reviewing Reading International (NASDAQ:RDI) and ILG (IILGV) (americanbankingnews.com)
- Reading International Inc (RDI) Set to Announce Quarterly Earnings on Tuesday (americanbankingnews.com)
Reading International (NASDAQ RDI) opened at 15.63 on Wednesday. Reading International has a 12 month low of $12.54 and a 12 month high of $17.18. The company has a market cap of $362.35 million, a price-to-earnings ratio of 35.68 and a beta of 1.33. The firm’s 50-day moving average is $15.85 and its 200-day moving average is $15.82.
Reading International (NASDAQ:RDI) last issued its earnings results on Tuesday, August 8th. The company reported $0.30 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.16 by $0.14. Reading International had a return on equity of 7.69% and a net margin of 3.71%. On average, analysts anticipate that Reading International will post $0.61 EPS for the current fiscal year.
A number of research firms recently issued reports on RDI. B. Riley restated a “buy” rating and set a $26.50 price objective on shares of Reading International in a report on Monday, May 15th. Zacks Investment Research upgraded shares of Reading International from a “sell” rating to a “hold” rating in a report on Tuesday. Finally, TheStreet upgraded shares of Reading International from a “c+” rating to a “b” rating in a report on Friday, June 2nd.
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In other news, insider James J. Cotter, Jr. sold 5,112 shares of the company’s stock in a transaction dated Friday, June 23rd. The shares were sold at an average price of $15.51, for a total transaction of $79,287.12. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. 26.75% of the stock is owned by corporate insiders.
Reading International Company Profile
Reading International, Inc (RDI) is engaged in the development, ownership and operation of multiplex cinemas in the United States, Australia, and New Zealand, and the development, ownership and operation of retail and commercial real estate in the United States, Australia and New Zealand. RDI operates through two segments: cinema exhibition and real estate.
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