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

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

Cinedigm Stock Up 1.3 %

CIDM opened at $0.84 on Tuesday. The company’s 50-day moving average price is $0.90 and its 200 day moving average price is $1.21. Cinedigm has a fifty-two week low of $0.27 and a fifty-two week high of $0.79. The firm has a market cap of $157.20 million, a price-to-earnings ratio of -16.82 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.