StockNews.com assumed coverage on shares of Cinedigm (NASDAQ:CIDM – Free Report) in a research note published on Sunday. The brokerage issued a hold rating on the stock.
Cinedigm Stock Down 2.4 %
Cinedigm stock traded down $0.02 during mid-day trading on Friday, hitting $0.80. 49,207 shares of the company’s stock were exchanged, compared to its average volume of 710,288. The firm has a market capitalization of $149.53 million, a P/E ratio of -16.40 and a beta of 2.05. Cinedigm has a fifty-two week low of $0.27 and a fifty-two week high of $0.79. The company’s 50 day simple moving average is $0.86 and its 200-day simple moving average is $1.14.
Cinedigm Company Profile
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