Reading International (NASDAQ:RDI) Issues Earnings Results

Reading International (NASDAQ:RDI) issued its quarterly earnings data on Friday. The company reported ($0.18) earnings per share for the quarter, Zacks reports. The company had revenue of $52.17 million for the quarter.

Reading International Price Performance

Shares of NASDAQ RDI traded down $0.06 during trading hours on Friday, hitting $1.27. 50,616 shares of the stock were exchanged, compared to its average volume of 47,485. Reading International has a one year low of $1.17 and a one year high of $1.87. The company’s 50 day moving average is $1.45 and its 200 day moving average is $1.40. The firm has a market capitalization of $28.85 million, a P/E ratio of -1.72 and a beta of 1.29.

Wall Street Analyst Weigh In

Separately, Weiss Ratings restated a “sell (e+)” rating on shares of Reading International in a research note on Wednesday, October 8th. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the stock presently has a consensus rating of “Sell”.

Reading International Company Profile

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. The company operates in two segments, Cinema Exhibition and Real Estate. The Cinema Exhibition segment operates multiplex cinemas.