Reading International Inc (NASDAQ: RDI) kicked off on Friday, up 5.93% from the previous trading day, before settling in for the closing price of $1.35. Over the past 52 weeks, RDI has traded in a range of $1.17-$1.89.
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A company in the Communication Services sector has jumped its sales by 11.39% annually for the last half of the decade. While this was happening, its average annual earnings per share was recorded 68.40%. With a float of $16.62 million, this company’s outstanding shares have now reached $20.75 million.
In an organization with 2025 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 5.77%, operating margin of -6.51%, and the pretax margin is -13.24%.
Reading International Inc (RDI) Insider Updates
Our next focus will be how large-scale investors are participating in this stock of the Entertainment Industry. The insider ownership of Reading International Inc is 26.05%, while institutional ownership is 41.88%. The most recent insider transaction that took place on Sep 16 ’24, was worth 4,575. In this transaction Director of this company bought 2,500 shares at a rate of $1.83, taking the stock ownership to the 64,005 shares. Before that another transaction happened on Sep 17 ’24, when Company’s Director bought 2,500 for $1.78, making the entire transaction worth $4,450. This insider now owns 66,505 shares in total.
Reading International Inc (RDI) Performance Highlights and Predictions
According to the Wall Street analysts, stocks earnings will be around 68.40% per share during the next fiscal year.
Reading International Inc (NASDAQ: RDI) Trading Performance Indicators
Take a look at Reading International Inc’s (RDI) current performance indicators. Last quarter, stock had a quick ratio of 0.22. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.23.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.20, a number that is poised to hit -0.06 in the next quarter and is forecasted to reach -0.23 in one year’s time.
Technical Analysis of Reading International Inc (RDI)
Let’s dig in a bit further. During the last 5-days, its volume was 33760.0. That was inferior than the volume of 61003.0 it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 38.16%. Additionally, its Average True Range was 0.08.
During the past 100 days, Reading International Inc’s (RDI) raw stochastic average was set at 37.14%, which indicates a significant decrease from 74.07% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 50.26% in the past 14 days, which was lower than the 59.37% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $1.3166, while its 200-day Moving Average is $1.4720. However, in the short run, Reading International Inc’s stock first resistance to watch stands at $1.4633. Second resistance stands at $1.4967. The third major resistance level sits at $1.5633. If the price goes on to break the first support level at $1.3633, it is likely to go to the next support level at $1.2967. Assuming the price breaks the second support level, the third support level stands at $1.2633.
Reading International Inc (NASDAQ: RDI) Key Stats
The company with the Market Capitalisation of 48.06 million has total of 22,284K Shares Outstanding. Its annual sales at the moment are 210,530 K in contrast with the sum of -35,300 K annual income. Company’s last quarter sales were recorded 40,170 K and last quarter income was -4,750 K.
