RealD Sees Unusually Large Options Volume (RLD)
Shares of RealD (NYSE:RLD) were the recipient of unusually large options trading activity on Thursday. Traders acquired 640 call options on the company, Analyst Ratings Network.com reports. This represents an increase of approximately 308% compared to the typical daily volume of 157 call options.
Separately, analysts at Keefe, Bruyette & Woods cut their price target on shares of RealD from $15.00 to $13.75 in a research note on Wednesday.
RealD (NYSE:RLD) traded down 0.32% on Thursday, hitting $9.22. 385,241 shares of the company’s stock traded hands. RealD has a 52-week low of $6.19 and a 52-week high of $13.18. The stock’s 50-day moving average is $11.23 and its 200-day moving average is $11.01. The company’s market cap is $458.0 million.
RealD (NYSE:RLD) last announced its earnings results on Tuesday, August 5th. The company reported $0.10 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.11 by $0.01. The company had revenue of $55.40 million for the quarter, compared to the consensus estimate of $61.12 million. During the same quarter in the previous year, the company posted ($0.03) earnings per share. The company’s revenue for the quarter was down 6.4% on a year-over-year basis. On average, analysts predict that RealD will post $-0.16 earnings per share for the current fiscal year.
RealD Inc is a licensor of three dimensional (NYSE:RLD) technologies.
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