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

StockNews.com initiated coverage on shares of Cinedigm (NASDAQ:CIDM) in a research report issued on Sunday. The firm set a “hold” rating on the stock.

Cinedigm Stock Down 11.0 %

NASDAQ:CIDM opened at $0.98 on Friday. Cinedigm has a 52 week low of $0.27 and a 52 week high of $0.79. The company has a market cap of $182.99 million, a price-to-earnings ratio of -19.58 and a beta of 2.05. The company has a fifty day simple moving average of $0.82 and a two-hundred day simple moving average of $0.95.

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.