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How to Buy Reading International Stock

Reading International Inc

Reading International, Inc. , together with its subsidiaries, focuses on the ownership, development, and operation of entertainment and real property assets in the United States, Australia, and New Zealand.

Reading International stock last closed at $1.64, down 1.2% from the previous day, and has decreased 45.77% in one year. It has underperformed other stocks in the Entertainment industry by 0.59 percentage points. Reading International stock is currently +7.54% from its 52-week low of $1.53, and -51.04% from its 52-week high of $3.35.

There are currently 22.36M RDI shares outstanding. The market cap of RDI is $36.66M. In the past 24 hours, 20,039 RDI shares were traded.

How to Buy Reading International Stock

Wondering how to invest in Reading International stock? Here's how.
  1. Decide where to buy Reading International stock: You need to decide on a stock brokerage, but don't worry - we've tested dozens of online stock brokerages and apps to help you choose where to buy Reading International stock.
  2. Open a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
  3. Put funds into your investment account: Select your method of payment and add your details.
  4. Analyze Reading International stock: The Reading International ticker symbol is RDI. Is Reading International stock a good investment? Should you buy shares of RDI? How do RDI's underlying business fundamentals look? Do top analysts think Reading International is a good buy? Why has RDI's stock price moved recently? (Hint: Our stock market research website can help you decide if RDI is a good stock to buy).
  5. Make your RDI trade: Decide if you will purchase RDI shares at the current market price or use a limit order to buy RDI stock at a particular price.
  6. Track your RDI investment: Create a watchlist to the latest updates on your position in Reading International stock.

Step 1: Decide where to buy Reading International stock

You need a brokerage account to access the NASDAQ market and buy RDI stock.

A brokerage account allows you to buy and sell a variety of investments, such as stocks, bonds, mutual funds, and ETFs.

Our preferred brokerage: eToro

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Step 2: Open a brokerage account

Now that you've picked your brokerage, you need to fill out some personal info so you are able to invest in RDI stock today.

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  1. Click here to get started.
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  2. Enter your personal info to create your new brokerage account.
  1. Send your application by hitting the "Create Account" button.
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Step 3: Put funds into your investment account

Now that you've finished signing up on the best stock trading app for beginners, your next step is to transfer the money for your investment:

Check out the walkthrough below if you need help transferring money into your new investment account.

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eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Step 4: Analyze Reading International stock

Once you have identified the best place to buy Reading International stock, it's crucial to evaluate their stock before you invest, so you can wrap your head around the risk and upside.

Reading International Numbers

RDI Price
$1.64
1w %
-1.2%
1y %
-45.77%
5y %
-89.31%
P/E
-1.19x
P/B
1.11x
P/S
0.16x
PEG
N/A
Revenue
$222.74M
Earnings
-$30.67M
Fore. Rev. Growth
N/A
Fore. Earn. Growth
N/A
Market Cap
$36.66M
Next Earnings
May 13, 2024
Next Dividend
N/A

Reading International Zen Score

WallStreetZen was designed to help part-time investors do more accurate fundamental analysis.

You can see all of the due diligence checks on RDI's stock page.

What is the fair value of RDI stock?

Analysts use a variety of different financial metrics, analyses, models, and charts to gauge RDI's true value.

Using relative valuations ratios:

  • RDI could be undervalued based on its P/B ratio of 1.11x, relative to Entertainment industry P/B ratio of 2.65x

You can access more valuation research on RDI's stock here.

Is RDI a healthy company?

Passed Health Checks:

  • RDI has cash burn of 12434000. It has sufficient cash and short-term investments to cover this for at least one year.
  • RDI profit margin has gone up from -17.8% to -13.8% in the past year.
  • RDI has $15.44M in cash and short term investments. This is enough to cover its annual cash burn of $12.43M.

Failed Health Checks:

  • There are more short-term liabilities than short-term assets on the RDI balance sheet.
  • Total RDI debt is higher than 5 years ago, relative to shareholder equity.
  • RDI has a relatively high debt to equity ratio of 15.11.
  • There are more long-term liabilities than short-term assets on the RDI balance sheet.

RDI Technicals

SMA10
1.71
SMA20
1.76
SMA50
1.81
SMA100
1.87
SMA200
2.04
MACD
-0.05
MACD Signal
-0.03
MACD Histogram
-0.01
RSI
39.09
Stochastic %K
32.44
Stochastic %D
36.3
StochRSI %K
7.15
StochRSI %D
12.45

RDI Revenue

Last year, RDI revenue was $222.74M. During the past 5 year, RDI's revenue has grown by -6.33% per year. This was slower than the Entertainment industry average of 14.93%.

Dig into RDI's earnings and revenue performance here.

What are RDI executives and large shareholders up to?

In the past 12 months, insiders at RDI have sold more shares than they have bought.

Mark Cuban, 10% Owner of RDI, was the latest RDI insider to sell. They sold $4,070.00 worth of RDI shares on Sep 14, 2023.

Learn more about who owns RDI stock here.

Does RDI stock generate passive income?

No, Reading International doesn't provide an income stream by paying out dividends.

Get opinions from other investors

One of the reasons eToro is our favorite brokerage is because of its social trading community.

Click below to see what other community members have to say.

Step 5: Make your RDI trade

There are two main options:

  • Market order: A market order is an order to buy or sell a stock at the best possible price.
    Market orders are mostly the best for newer investors.
  • Limit order: A limit order allows you to buy or sell a security at a specific price (or better).
    If you want to be certain you're buying or selling at a given dollar amount limit, place a limit order.

Press the Open Trade button and eToro will execute your order.

If you require additional help with buying stocks on eToro, click the helpful video below:

Open eToro Account

Step 6: Track your RDI investment

Now that you own some shares in RDI, you'll want to keep up with your company.

Add RDI to a watchlist to get the latest updates about your RDI stock.

RDI Feed

How to Buy Stock in Reading International

To reiterate, here are the 6 steps to buy Reading International stock:

  1. Decide where to buy Reading International stock
  2. Open a brokerage account
  3. Put funds into your investment account
  4. Analyze Reading International stock
  5. Make your RDI trade
  6. Track your RDI investment

If you need a place to buy stocks, eToro is our favorite venue.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you want to keep tabs on your new investment in Reading International, click the button below.

NASDAQ: RDI
$1.64-0.02 (-1.2%)
Updated Apr 25, 2024
Open eToro Account
NASDAQ: RDI
$1.64-0.02 (-1.2%)
Updated Apr 25, 2024
Open eToro Account

FAQ

How much does it cost to buy one Reading International share?

As of Apr 25, 2024, it costs $1.64 to buy one share of Reading International stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $0.82, you can buy 0.5 shares of RDI.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

What is the best way to buy Reading International stock?

One way to place an order for Reading International stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.