Reading International Stock Price on September 4, 2024

RDI Stock  USD 1.40  0.04  2.78%   
Below is the normalized historical share price chart for Reading International extending back to November 05, 1984. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Reading International stands at 1.40, as last reported on the 27th of February, with the highest price reaching 1.53 and the lowest price hitting 1.35 during the day.
IPO Date
17th of March 1992
200 Day MA
1.525
50 Day MA
1.4734
Beta
1.626
 
Black Monday
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Reading Stock, it is important to understand the factors that can impact its price. Reading International maintains Sharpe Ratio (i.e., Efficiency) of -0.0122, which implies the firm had a -0.0122 % return per unit of risk over the last 3 months. Reading International exposes thirty different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Reading International's Coefficient Of Variation of 2767.07, risk adjusted performance of 0.0348, and Semi Deviation of 3.7 to confirm the risk estimate we provide.
  
The current Total Stockholder Equity is estimated to decrease to about 28.3 M. The current Common Stock Shares Outstanding is estimated to decrease to about 16 M. The Reading International's current Price Earnings To Growth Ratio is estimated to increase to 0.08, while Price To Sales Ratio is projected to decrease to 0.21. Reading Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0122

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Estimated Market Risk

 4.03
  actual daily
35
65% of assets are more volatile

Expected Return

 -0.05
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.01
  actual daily
0
Most of other assets perform better
Based on monthly moving average Reading International is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Reading International by adding Reading International to a well-diversified portfolio.
Price Book
6.067
Enterprise Value Ebitda
415.7658
Price Sales
0.2099
Shares Float
14.5 M
Wall Street Target Price
2.5

Reading International Main Headline on 4th of September 2024

Filed transaction by Reading International 10 Percent Owner. Disposition to the issuer of issuer equity securities pursuant to Rule 16b-3

Reading International Valuation on September 4, 2024

It is possible to determine the worth of Reading International on a given historical date. On September 4, 2024 Reading was worth 1.66 at the beginning of the trading date compared to the closed value of 1.81. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Reading International stock. Still, in general, we apply an absolute valuation method to find Reading International's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Reading International where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Reading International's related companies.
 Open High Low Close Volume
  1.80    1.80    1.72    1.75    2,672  
09/04/2024
  1.66    1.81    1.54    1.81    9,028  
  1.80    1.82    1.72    1.79    9,696  
Backtest Reading International  |  Reading International History  |  Reading International Valuation   PreviousNext  
Open Value
1.66
1.81
Closing Value
13.76
Upside

Reading International Trading Date Momentum on September 4, 2024

On September 05 2024 Reading International was traded for  1.79  at the closing time. Highest Reading International's price during the trading hours was 1.82  and the lowest price during the day was  1.72 . The net volume was 9.7 K. The overall trading history on the 5th of September contributed to the next trading period price depreciation. The trading delta at closing time to the next next day price was 1.10% . The trading delta at closing time to current price is 3.31% .

Reading International Fundamentals Correlations and Trends

By evaluating Reading International's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Reading International's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Reading financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Reading International Stock history

Reading International investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Reading is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Reading International will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Reading International stock prices may prove useful in developing a viable investing in Reading International
Last ReportedProjected for Next Year
Common Stock Shares Outstanding25.6 M16 M
Net Income Applicable To Common Shares28.7 M30.2 M

Reading International Stock Technical Analysis

Reading International technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Reading International technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Reading International trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Reading International Period Price Range

Low
February 27, 2025
0.00  NaN%
High

 0.00 

     

 0.00 

Reading International cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

Reading International February 27, 2025 Market Strength

Market strength indicators help investors to evaluate how Reading International stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Reading International shares will generate the highest return on investment. By undertsting and applying Reading International stock market strength indicators, traders can identify Reading International entry and exit signals to maximize returns

Reading International Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Reading International's price direction in advance. Along with the technical and fundamental analysis of Reading Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Reading to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.

Complementary Tools for Reading Stock analysis

When running Reading International's 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 the 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.
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