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

StockNews.com initiated coverage on shares of Cinedigm (NASDAQ:CIDM) in a research note published on Friday. The brokerage issued a hold rating on the stock.

Cinedigm Stock Performance

NASDAQ:CIDM opened at $0.84 on Friday. Cinedigm has a 52-week low of $0.27 and a 52-week high of $0.79. The stock has a 50-day simple moving average of $0.81 and a 200 day simple moving average of $0.98. The company has a market cap of $157.01 million, a PE ratio of -16.80 and a beta of 2.05.

Cinedigm Company Profile

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.