Reading International, Inc. (NASDAQ:RDI) Shares Purchased by Krilogy Financial LLC

Krilogy Financial LLC increased its stake in shares of Reading International, Inc. (NASDAQ:RDI) by 11.6% in the fourth quarter, HoldingsChannel.com reports. The firm owned 2,359,610 shares of the company’s stock after buying an additional 246,000 shares during the period. Krilogy Financial LLC owned 0.11% of Reading International worth $3,115,000 at the end of the most recent quarter.

Separately, Logan Stone Capital LLC purchased a new stake in Reading International during the second quarter worth about $38,000. 44.70% of the stock is owned by hedge funds and other institutional investors.

Reading International Stock Up 4.2 %

Reading International stock opened at $1.47 on Friday. The firm has a market capitalization of $32.97 million, a P/E ratio of -0.78 and a beta of 1.61. The stock’s fifty day simple moving average is $1.42 and its 200-day simple moving average is $1.51. Reading International, Inc. has a twelve month low of $1.22 and a twelve month high of $2.07. The company has a current ratio of 0.17, a quick ratio of 0.17 and a debt-to-equity ratio of 35.04.

Analyst Ratings Changes

Separately, StockNews.com assumed coverage on shares of Reading International in a research note on Monday, January 13th. They issued a “sell” rating for the company.

Reading International Company Profile

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. The company operates in two segments, Cinema Exhibition and Real Estate. The Cinema Exhibition segment operates multiplex cinemas.