Krilogy Financial LLC Grows Position in Reading International, Inc. (NASDAQ:RDI)

Krilogy Financial LLC lifted its holdings in Reading International, Inc. (NASDAQ:RDI) by 11.6% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,359,610 shares of the company’s stock after buying an additional 246,000 shares during the period. Krilogy Financial LLC owned approximately 10.52% of Reading International worth $3,115,000 as of its most recent filing with the Securities and Exchange Commission.

Separately, Logan Stone Capital LLC acquired a new stake in shares of Reading International in the 2nd quarter worth $38,000. 44.70% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Separately, StockNews.com initiated coverage on shares of Reading International in a research report on Monday, January 13th. They set a “sell” rating on the stock.

Reading International Stock Up 4.2 %

RDI stock opened at $1.47 on Friday. Reading International, Inc. has a one year low of $1.22 and a one year high of $2.07. The firm has a market cap of $32.97 million, a PE ratio of -0.78 and a beta of 1.61. The firm’s 50 day moving average price is $1.42 and its 200-day moving average price is $1.51. The company has a debt-to-equity ratio of 35.04, a quick ratio of 0.17 and a current ratio of 0.17.

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.