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Newmarket's 15min chart shows KDJ Death Cross and Bearish Marubozu formation.
ByAinvest
Thursday, Oct 9, 2025 3:02 pm ET1min read
The 15-minute chart for Newmarket has recently triggered a KDJ Death Cross and a Bearish Marubozu formation, which occurred on October 9, 2025 at 15:00. This indicates that the momentum of the stock price is shifting towards the downside and has the potential to continue decreasing. Sellers are currently in control of the market, and it is likely that bearish momentum will persist.
Reading International Inc. (RDI), a diversified cinema and real estate company, has reported mixed results for the second quarter of 2025. Despite showing significant improvements in the first quarter, the company faced challenges in Q2, particularly in its cinema division. The company's total revenues increased by 29% to $60.4 million compared to the same period last year, but the operating income improved by only 138% to $2.9 million, indicating a mixed performance [1].The cinema division, which includes brands like Reading Cinemas and Angelika Film Center, saw a 32% increase in revenue to $56.8 million. This growth was driven by successful releases and a record-breaking average ticket price. However, the real estate division, which manages properties in key markets including the United States, Australia, and New Zealand, reported operating income of $1.5 million, up 56% year-over-year. The company also successfully sold Cannon Park Property in Australia for AU$32.0 million, contributing to a 14.4% reduction in total gross debt to $173.4 million [1].
Despite these positive developments, Reading International still reported a net loss of $2.7 million for Q2 2025, a 79% improvement from the previous year. The company continues to focus on debt reduction and strategic asset sales to improve liquidity. For instance, the company sold Wellington, New Zealand properties for NZ$38.0 million, resulting in an NZ$11.6 million gain and further debt reduction [1].
The mixed performance in Q2 2025 can be attributed to various factors, including the impact of the 2023 Hollywood strikes on cinema attendance and the unfavorable currency exchange rates. Additionally, the company's real estate division showed resilience, maintaining a 96% occupancy rate in Australia/New Zealand properties [1].
Looking ahead, Reading International plans to continue its focus on debt reduction and strategic asset sales to improve liquidity. The company is also expected to participate in the upcoming Sidoti Virtual Micro-Cap Investor Conference on May 21-22, 2025, where it will discuss its Q1 2025 financial results, business outlook, and capital allocation strategy .
In conclusion, while Reading International Inc. reported mixed results for Q2 2025, the company demonstrated resilience and continued efforts to improve its financial performance. Investors and stakeholders should closely monitor the company's progress and upcoming events to gauge its future prospects.
References
[1] https://www.stocktitan.net/news/RDI/
https://www.stocktitan.net/news/RDI/
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