Reading International B Stock Price on December 10, 2024

RDIB Stock  USD 7.99  0.19  2.44%   
Below is the normalized historical share price chart for Reading International B extending back to January 05, 2000. 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 7.99, as last reported on the 10th of March, with the highest price reaching 7.99 and the lowest price hitting 7.48 during the day.
IPO Date
5th of January 2000
200 Day MA
9.1738
50 Day MA
6.8941
Beta
1.624
 
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 appears to be relatively risky, given 3 months investment horizon. Reading International maintains Sharpe Ratio (i.e., Efficiency) of 0.11, which implies the firm had a 0.11 % return per unit of risk over the last 3 months. By analyzing Reading International's technical indicators, you can evaluate if the expected return of 0.6% is justified by implied risk. Please evaluate Reading International's Semi Deviation of 4.52, coefficient of variation of 1290.62, and Risk Adjusted Performance of 0.0698 to confirm if our risk estimates are consistent with your expectations.
  
As of March 10, 2025, Total Stockholder Equity is expected to decline to about 28.3 M. In addition to that, Common Stock Shares Outstanding is expected to decline to about 16 M. The current year's Price Earnings To Growth Ratio is expected to grow to 0.08, whereas Price To Sales Ratio is forecasted to decline to 0.21. Reading Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.1084

Best PortfolioBest Equity
Good Returns
Average Returns
Small ReturnsRDIB
CashSmall RiskAverage RiskHigh RiskHuge Risk
Negative Returns

Estimated Market Risk

 5.56
  actual daily
49
51% of assets are more volatile

Expected Return

 0.6
  actual daily
11
89% of assets have higher returns

Risk-Adjusted Return

 0.11
  actual daily
8
92% of assets perform better
Based on monthly moving average Reading International is performing at about 8% of its full potential. 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 it to a well-diversified portfolio.
Price Book
33.8018
Enterprise Value Ebitda
415.7658
Price Sales
0.2137
Shares Float
14.5 M
Earnings Share
(1.88)

Related Headline

Gaia Headline on 10th of December 2024

Filed transaction by Gaia Inc Director. Disposition to the issuer of issuer equity securities pursuant to Rule 16b-3(e)

Reading International Valuation on December 10, 2024

It is possible to determine the worth of Reading International on a given historical date. On December 10, 2024 Reading was worth 6.47 at the beginning of the trading date compared to the closed value of 6.3. 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
  6.28    6.28    6.25    6.25    2,358  
12/10/2024
  6.47    6.50    6.27    6.30    1,992  
  6.28    6.28    6.06    6.21    1,411  
Backtest Reading International  |  Reading International History  |  Reading International Valuation PreviousNext  
Open Value
6.47
6.3
Closing Value
23.14
Upside

Reading International Trading Date Momentum on December 10, 2024

On December 11 2024 Reading International B was traded for  6.21  at the closing time. The top price for the day was 6.28  and the lowest listed price was  6.06 . The trading volume for the day was 1.4 K. The trading history from December 11, 2024 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 1.43% . The trading delta at closing time against the current closing price is 8.10% .
JavaScript chart by amCharts 3.21.1512/10/2024DecDec 04Dec 06Dec 08Dec 10Dec 12Dec 14Dec 16Dec 18Dec 206.26.36.46.56.66.76.8

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
March 10, 2025
0.00  NaN%
High

 0.00 

     

 0.00 

Reading International B 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 March 10, 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 B 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.
Performance Analysis
Check effects of mean-variance optimization against your current asset allocation
Watchlist Optimization
Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm
Portfolio File Import
Quickly import all of your third-party portfolios from your local drive in csv format
Portfolio Comparator
Compare the composition, asset allocations and performance of any two portfolios in your account