Reading International B Stock Today
| RDIB Stock | USD 6.26 0.10 1.57% |
Performance0 of 100
| Odds Of DistressOver 52
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Reading International is trading at 6.26 as of the 30th of November 2024, a 1.57 percent decrease since the beginning of the trading day. The stock's open price was 6.36. Reading International has 52 percent odds of going through some form of financial distress in the next two years and has generated negative returns to investors over the last 90 days. Equity ratings for Reading International B are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 3rd of June 2024 and ending today, the 30th of November 2024. Click here to learn more.
Business Domain Media & Entertainment | IPO Date 5th of January 2000 | Category Communication Services |
Reading International, Inc., together with its subsidiaries, focuses on the ownership, development, and operation of entertainment and real property assets in the United States, Australia, and New Zealand. Reading International, Inc. was incorporated in 1999 and is headquartered in New York, New York. The company has 1.68 M outstanding shares of which 5.94 K shares are at this time shorted by private and institutional investors with about 0.56 trading days to cover. More on Reading International B
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Reading Stock Highlights
ESG Sustainability
Environmental | Governance | Social |
| CEO | Ellen Cotter | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Movies & Entertainment, Media & Entertainment, Communication Services, NASDAQ Composite, NASDAQ Composite Total, Communication Services, Entertainment, Entertainment, Communication Services (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial Strength
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Debt LevelsReading International can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Reading International's financial leverage. It provides some insight into what part of Reading International's total assets is financed by creditors.
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Reading International B (RDIB) is traded on NASDAQ Exchange in USA. It is located in 189 Second Avenue, New York, NY, United States, 10003 and employs 2,025 people. Reading International is listed under Movies & Entertainment category by Fama And French industry classification. The company currently falls under 'Micro-Cap' category with a current market capitalization of 40.81 M. Reading International conducts business under Entertainment sector and is part of Communication Services industry. The entity has 1.68 M outstanding shares of which 5.94 K shares are at this time shorted by private and institutional investors with about 0.56 trading days to cover.
Reading International B currently holds about 51.39 M in cash with (10.6 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.33.
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Ownership AllocationThe market capitalization of Reading International is $40.81 Million. Reading International holds majority of its outstanding shares owned by insiders. An insider is usually defined as a corporate executive, director, member of the board or institutional investor who own at least 10% of the company's outstanding shares. 82.19 pct. of Reading International outstanding shares that are owned by insiders implies they have been buying or selling the stock in recent months in anticipation of some upcoming event. Note, that even with negative profits, if the true value of the company is larger than the current market value, you may still be able to generate positive returns on investment in this company.
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Reading Stock Institutional Holders
| Instituion | Recorded On | Shares | |
| Jpmorgan Chase & Co | 2024-06-30 | 1.0 | |
| Wells Fargo & Co | 2024-06-30 | 0.0 | |
| Geode Capital Management, Llc | 2024-09-30 | 0.0 | |
| Teton Advisors Inc | 2024-09-30 | 74.5 K | |
| Dimensional Fund Advisors, Inc. | 2024-09-30 | 23.8 K | |
| Jane Street Group Llc | 2024-06-30 | 23.1 K | |
| Gamco Investors, Inc. Et Al | 2024-09-30 | 18.5 K | |
| Susquehanna International Group, Llp | 2024-06-30 | 13.1 K | |
| Gabelli Funds Llc | 2024-09-30 | 12.7 K | |
| Keller Group Invmt Management Inc | 2024-06-30 | 11.2 K | |
| Tower Research Capital Llc | 2024-06-30 | 7.5 K |
Reading International Historical Income Statement
Reading Stock Against Markets
Reading International Corporate Executives
Elected by the shareholders, the Reading International's board of directors comprises two types of representatives: Reading International inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Reading. The board's role is to monitor Reading International's management team and ensure that shareholders' interests are well served. Reading International's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Reading International's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Gilbert Avanes | Interim CFO and Treasurer | Profile |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Reading International B. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. For information on how to trade Reading Stock refer to our How to Trade Reading Stock guide.You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
Is Movies & Entertainment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Reading International. If investors know Reading will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Reading International listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.29) | Earnings Share (1.88) | Revenue Per Share 9.128 | Quarterly Revenue Growth (0.28) | Return On Assets (0.02) |
The market value of Reading International is measured differently than its book value, which is the value of Reading that is recorded on the company's balance sheet. Investors also form their own opinion of Reading International's value that differs from its market value or its book value, called intrinsic value, which is Reading International's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Reading International's market value can be influenced by many factors that don't directly affect Reading International's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Reading International's value and its price as these two are different measures arrived at by different means. Investors typically determine if Reading International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Reading International's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.