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In the latest session, Reading International Inc (NASDAQ: RDI) closed at $1.30 down -2.99% from its previous closing price of $1.34. In other words, the price has decreased by -$2.99 from its previous closing price. On the day, 0.54 million shares were traded. RDI stock price reached its highest trading level at $1.3388 during the session, while it also had its lowest trading level at $1.29.
Ratios:
For a deeper understanding of Reading International Inc’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.41 and its Current Ratio is at 0.42. In the meantime, Its Debt-to-Equity ratio is 79.75 whereas as Long-Term Debt/Eq ratio is at 64.13.
On February 08, 2019, Macquarie started tracking the stock assigning a Outperform rating and target price of $20.
B. Riley FBR Inc. reiterated its Buy rating for the stock on March 22, 2018, while the target price for the stock was revised from $26.50 to $23.50.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Sep 16 ’24 when McEachern Douglas James bought 2,500 shares for $1.83 per share. The transaction valued at 4,575 led to the insider holds 64,005 shares of the business.
McEachern Douglas James bought 2,500 shares of RDI for $4,450 on Sep 17 ’24. The Director now owns 66,505 shares after completing the transaction at $1.78 per share. On Sep 18 ’24, another insider, McEachern Douglas James, who serves as the Director of the company, bought 1,500 shares for $1.85 each. As a result, the insider paid 2,775 and bolstered with 68,005 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, RDI now has a Market Capitalization of 38326728 and an Enterprise Value of 426607648. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.19 while its Price-to-Book (P/B) ratio in mrq is 5.63. Its current Enterprise Value per Revenue stands at 2.094 whereas that against EBITDA is 329.936.
Stock Price History:
Over the past 52 weeks, RDI has reached a high of $2.15, while it has fallen to a 52-week low of $1.22. The 50-Day Moving Average of the stock is -12.31%, while the 200-Day Moving Average is calculated to be -17.90%.
Shares Statistics:
For the past three months, RDI has traded an average of 28.09K shares per day and 89260 over the past ten days. A total of 20.75M shares are outstanding, with a floating share count of 16.69M. Insiders hold about 25.56% of the company’s shares, while institutions hold 45.77% stake in the company. Shares short for RDI as of 1730332800 were 131301 with a Short Ratio of 5.46, compared to 1727654400 on 130495. Therefore, it implies a Short% of Shares Outstanding of 131301 and a Short% of Float of 0.84.
