News stories about Reading International (NASDAQ:RDIB) have trended somewhat positive on Tuesday, Accern Sentiment reports. Accern identifies negative and positive press coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Reading International earned a news impact score of 0.05 on Accern’s scale. Accern also assigned news headlines about the company an impact score of 45.2284853939154 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.

Shares of Reading International (NASDAQ RDIB) opened at 20.00 on Tuesday. The company has a 50 day moving average price of $13.39 and a 200-day moving average price of $12.52. Reading International has a 52-week low of $13.60 and a 52-week high of $20.42. The stock has a market capitalization of $461.14 million and a P/E ratio of 17.87.

Separately, B. Riley set a $27.00 price objective on Reading International and gave the stock a “buy” rating in a research note on Friday, August 11th.

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About Reading International

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.

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