Cinedigm (NASDAQ:CIDM) Now Covered by Analysts at StockNews.com

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

Cinedigm Trading Up 7.3 %

Shares of Cinedigm stock opened at $2.65 on Thursday. The business’s fifty day moving average price is $1.26 and its 200 day moving average price is $1.01. Cinedigm has a twelve month low of $0.27 and a twelve month high of $0.79. The stock has a market capitalization of $495.32 million, a P/E ratio of -53.00 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.