Separately, B. Riley set a $27.00 price objective on shares of Reading International and gave the company a “buy” rating in a research note on Friday, August 11th.
Reading International (RDIB) traded up $1.15 during midday trading on Friday, hitting $23.15. 1,400 shares of the company were exchanged, compared to its average volume of 719. Reading International has a fifty-two week low of $15.66 and a fifty-two week high of $23.15.
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Reading International Company Profile
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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