Cinedigm (NASDAQ:CIDM) Research Coverage Started at StockNews.com

StockNews.com began coverage on shares of Cinedigm (NASDAQ:CIDM) in a report released on Tuesday morning. The firm issued a hold rating on the stock.

Cinedigm Stock Up 1.3 %

Shares of NASDAQ CIDM opened at $0.84 on Tuesday. Cinedigm has a 52 week low of $0.27 and a 52 week high of $0.79. The firm has a market cap of $157.20 million, a P/E ratio of -16.82 and a beta of 2.05. The business’s 50 day moving average price is $0.90 and its 200 day moving average price is $1.21.

About Cinedigm

Cineverse Corp. is a global streaming technology and entertainment company. It owns and operates streaming channels, all powered by its advanced, proprietary technology platform. The firm currently features enthusiast brands for subscription video on demand (SVOD), advertising-based video on demand (AVOD), and free, ad-supported streaming television (FAST) channels.