Reading International B Stock Today
RDIB Stock | USD 8.29 1.02 10.96% |
PerformanceInsignificant
| Odds Of DistressAverage
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Reading International is trading at 8.29 as of the 22nd of March 2025, a 10.96 percent decrease since the beginning of the trading day. The stock's open price was 9.31. Reading International has 53 percent odds of going through some form of financial distress in the next two years and did not have a very good performance for investor during the last 90 trading days. The performance scores are derived for the period starting the 22nd of December 2024 and ending today, the 22nd of March 2025. 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 incorporated in 1999 and is headquartered in New York, New York. The company has 1.68 M outstanding shares of which 3.48 K shares are at this time shorted by private and institutional investors with about 6.97 trading days to cover. More on Reading International B
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Reading Stock Highlights
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 46.14 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 3.48 K shares are at this time shorted by private and institutional investors with about 6.97 trading days to cover.
Reading International B currently holds about 51.39 M in cash with (9.73 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 $46.14 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 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.
Risk Adjusted Performance | 0.0537 | |||
Jensen Alpha | 0.2627 | |||
Total Risk Alpha | 0.9317 | |||
Sortino Ratio | 0.0505 |
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 CPA | Executive CFO | Profile | |
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 Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
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.
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.