(RDI) Reading International - Ratings and Ratios

Reading International, Inc. (NASDAQ:RDI) operates as a diversified entertainment and real estate company, with a focus on cinema exhibition and property development. The company is active in the United States, Australia, and New Zealand. Its Cinema Exhibition segment includes a network of multiplex cinemas under brands such as Reading Cinemas, Consolidated Theatres, Angelika Film Center, State Cinema by Angelika, Angelika Anywhere, Event Cinemas, and Rialto Cinemas. The Real Estate segment involves the development, leasing, and licensing of retail, commercial, and live theater properties. Headquartered in New York, Reading International was incorporated in 1999 and has established a presence in both the entertainment and property sectors.

From a technical standpoint, RDIs stock is currently trading below its 20-day, 50-day, and 200-day simple moving averages (SMA), which are at 1.47, 1.46, and 1.51, respectively. The stocks average true range (ATR) of 0.10 indicates low volatility. The last price of 1.37 reflects a slight decline below the 20-day SMA, suggesting potential bearish momentum in the short term.

Fundamentally, Reading International has a market capitalization of $39.78 million, with a price-to-book (P/B) ratio of 6.15, indicating a premium to its book value. The price-to-sales (P/S) ratio of 0.20 suggests undervaluation relative to its revenue. However, the lack of a trailing or forward P/E ratio points to challenges in assessing earnings performance. Return on equity (RoE) is not reported, adding uncertainty to the stocks profitability metrics.

3-Month Forecast: - Technical Outlook: RDIs stock is likely to face downward pressure, as it trades below key moving averages. The low ATR of 0.10 suggests limited price movement, but the bearish crossover of the 20-day SMA below the 50-day SMA indicates potential weakness. Support levels may be tested near the current price of 1.37, with resistance at the 200-day SMA of 1.51. - Fundamental Outlook: The high P/B ratio of 6.15 signals that the market values the companys assets significantly above their book value, which could deter value investors. The low P/S ratio of 0.20 may attract investors seeking undervalued stocks, but the absence of positive earnings (P/E: 0.00) raises concerns about profitability. The companys ability to generate earnings and improve its return on equity will be critical in the near term. Overall, the stock is expected to remain under pressure in the next three months, with limited upside potential due to technical bearishness and mixed fundamental signals.