Reading Stock Today

RDIB -  USA Stock  

USD 25.20  0.80  3.28%

Market Performance
0 of 100
Odds Of Distress
Over 73
Reading International is trading at 25.20 as of the 21st of January 2022, a 3.28 percent up since the beginning of the trading day. The stock's open price was 24.4. Reading International has a very high chance of experiencing financial distress in the next few years of operation. It has also generated negative returns for investors over the last 90 days. Equity ratings for Reading International are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 1st of February 2020 and ending today, the 21st of January 2022. Click here to learn more.
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 founded in 1937 and is headquartered in Culver City, California. The company has 1.68 M outstanding shares of which 2.44 K shares are at this time shorted by private and institutional investors with about 0.57 trading days to cover. More on Reading International
Follow Valuation Odds of Bankruptcy
Check how we calculate scores

Reading International Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. If you consider yourself one of those investors, make sure you clearly understand your entering position. Reading International's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Reading International or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Reading International generated a negative expected return over the last 90 days
Reading International has high historical volatility and very poor performance
Reading International has high likelihood to experience some financial distress in the next 2 years
Reading International currently holds about 91.16 M in cash with (19.95 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 4.18.
Roughly 85.0% of the company outstanding shares are owned by corporate insiders
Latest headline from www.wsj.com: Netflix Shares Sink as Company Sees Subscriber Growth Slowing - The Wall Street Journal
Legal NameReading International
CEOEllen Cotter  (View All)
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of Reading International's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Strong SellOvervalued
Reading International (RDIB) is traded on NASDAQ Exchange in USA and employs 1,491 people. The company currently falls under 'Small-Cap' category with current market capitalization of 116.74 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Reading International's market, we take the total number of its shares issued and multiply it by Reading International's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and these looking for more risk prefer small-cap and mid-cap equities. Reading International conducts business under Communication Services sector and is part of Entertainment industry. The entity has 1.68 M outstanding shares of which 2.44 K shares are at this time shorted by private and institutional investors with about 0.57 trading days to cover. Reading International currently holds about 91.16 M in cash with (19.95 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 4.18.
Check Reading International Probability Of Bankruptcy
Ownership
The market capitalization of Reading International is currently $116.74 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 outstanding shares. 84.53 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. Please note that no matter how profitable the entity is or how much assets it hold, if the real value is less than what market suggests, you will most likely generate negative returns and should consider selling it at some point.

Ownership Allocation (%)

Check Reading Ownership Details

Reading Stock Price Odds Analysis

What are Reading International's target price odds to finish over the current price? Depending on a normal probability distribution, the odds of Reading International jumping above the current price in 90 days from now is about 63.79%. The Reading International probability density function shows the probability of Reading International stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days Reading International has a beta of -0.5294 indicating as returns on benchmark increase, returns on holding Reading International are expected to decrease at a much lower rate. During the bear market, however, Reading International is likely to outperform the market. Additionally, the company has a negative alpha, implying that the risk taken by holding this instrument is not justified. Reading International is significantly underperforming DOW.
 Odds Down 25.2HorizonTargetOdds Up 25.2 
36.11%90 days
 25.20 
63.79%
Based on a normal probability distribution, the odds of Reading International to move above the current price in 90 days from now is about 63.79 (This Reading International probability density function shows the probability of Reading Stock to fall within a particular range of prices over 90 days) .

Reading International Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. Reading International market risk premium is the additional return an investor will receive from holding Reading International long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Reading International. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Reading International's alpha and beta are two of the key measurements used to evaluate Reading International's performance over the market, the standard measures of volatility play an important role as well.

Reading Stock Against Markets

Picking the right benchmark for Reading International stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Reading International stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Reading International is critical whether you are bullish or bearish towards Reading International at a given time.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Reading International without increasing your portfolio risk or giving up expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate.risk-adjusted returns of your individual positions relative to your overall portfolio.

Did you try this?

Run Fundamentals Comparison Now

   

Fundamentals Comparison

Compare fundamentals across multiple equities to find investing opportunities
All  Next Launch Module

Reading International Corporate Directors

Reading International corporate directors refer to members of a Reading International board of directors. The board of directors generally takes responsibility for the Reading International's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Reading International's board members must vote for the resolution. The Reading International board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Michael Wrotniak - DirectorProfile
Douglas McEachern - Independent DirectorProfile
Matthew Bourke - Managing Director - Real Estate, Australia and New ZealandProfile
Wayne Smith - Managing Director of Australia and New ZealandProfile
Additionally, take a look at Your Equity Center. Note that the Reading International information on this page should be used as a complementary analysis to other Reading International's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.

Complementary Tools for Reading Stock analysis

When running Reading International price analysis, check to measure Reading International's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Reading International is operating at the current time. Most of Reading International's value examination focuses on studying past and present price action to predict the probability of Reading International's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Reading International's price. Additionally, you may evaluate how the addition of Reading International to your portfolios can decrease your overall portfolio volatility.
ETF Directory
Find actively traded Exchange Traded Funds (ETF) from around the world
Go
Portfolio Center
All portfolio management and optimization tools to improve performance of your portfolios
Go
Content Syndication
Quickly integrate customizable finance content to your own investment portal
Go
My Watchlist Analysis
Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like
Go
Positions Ratings
Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance
Go
Portfolio Diagnostics
Use generated alerts and portfolio events aggregator to diagnose current holdings
Go
Is Reading International's industry 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.
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 Reading International value 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.