News stories about Reading International (NASDAQ:RDI) have trended somewhat positive this week, according to Accern. The research firm scores the sentiment of media coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Reading International earned a daily sentiment score of 0.03 on Accern’s scale. Accern also assigned news coverage about the company an impact score of 45.951313917013 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
Several equities research analysts have recently commented on RDI shares. Gabelli started coverage on Reading International in a research note on Friday, December 1st. They set a “buy” rating for the company. Zacks Investment Research lowered Reading International from a “hold” rating to a “sell” rating in a research note on Friday, November 17th. BidaskClub lowered Reading International from a “hold” rating to a “sell” rating in a research note on Tuesday, November 7th. Finally, B. Riley restated a “buy” rating and set a $26.50 price objective on shares of Reading International in a research note on Wednesday, August 16th. Two analysts have rated the stock with a sell rating and two have issued a buy rating to the company. The company has an average rating of “Hold” and an average price target of $26.50.
Reading International (NASDAQ RDI) opened at $15.74 on Wednesday. The company has a market capitalization of $366.05, a P/E ratio of 28.09 and a beta of 1.30. The company has a debt-to-equity ratio of 0.80, a current ratio of 1.55 and a quick ratio of 1.55. Reading International has a 12-month low of $14.37 and a 12-month high of $17.18.
WARNING: This news story was posted by Week Herald and is the property of of Week Herald. If you are viewing this news story on another domain, it was illegally stolen and republished in violation of US & international trademark and copyright legislation. The original version of this news story can be read at https://weekherald.com/2017/12/13/reading-international-rdi-receiving-somewhat-positive-media-coverage-accern-reports.html.
Reading International Company Profile
Reading International, Inc (RDI) is engaged in the development, ownership and operation of multiplex cinemas in the United States, Australia, and New Zealand, and the development, ownership and operation of retail and commercial real estate in the United States, Australia and New Zealand. RDI operates through two segments: cinema exhibition and real estate.
Receive News & Ratings for Reading International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Reading International and related companies with MarketBeat.com's FREE daily email newsletter.