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

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

Cinedigm Price Performance

Shares of CIDM stock opened at $3.11 on Friday. The company has a market cap of $581.31 million, a price-to-earnings ratio of -62.20 and a beta of 2.05. Cinedigm has a 1 year low of $0.27 and a 1 year high of $0.79. The firm has a fifty day moving average price of $1.40 and a 200-day moving average price of $1.05.

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.