Cinedigm (NASDAQ:CIDM) Receives New Coverage from Analysts at StockNews.com

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

Cinedigm Trading Up 1.0 %

NASDAQ CIDM opened at $1.48 on Tuesday. Cinedigm has a 1 year low of $0.27 and a 1 year high of $0.79. The stock’s 50-day moving average price is $0.91 and its two-hundred day moving average price is $0.94. The company has a market cap of $275.70 million, a PE ratio of -29.50 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.