Positive Media Coverage Somewhat Unlikely to Impact Reading International (RDIB) Stock Price

Media headlines about Reading International (NASDAQ:RDIB) have been trending positive on Tuesday, according to Accern Sentiment Analysis. Accern identifies positive and negative media coverage by monitoring more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Reading International earned a media sentiment score of 0.29 on Accern’s scale. Accern also assigned news articles about the company an impact score of 44.5850298823702 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the near future.

Separately, Gabelli assumed coverage on Reading International in a research report on Friday, December 1st. They issued a “buy” rating for the company.

Shares of Reading International (NASDAQ RDIB) traded up $2.14 on Tuesday, reaching $27.66. The company’s stock had a trading volume of 2,000 shares, compared to its average volume of 1,033. Reading International has a 52-week low of $16.29 and a 52-week high of $27.66. The company has a market cap of $431.45, a P/E ratio of 27.12 and a beta of 0.93.

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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.

Insider Buying and Selling by Quarter for Reading International (NASDAQ:RDIB)

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