Cinedigm (NASDAQ:CIDM) Earns Hold Rating from Analysts at StockNews.com

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

Cinedigm Price Performance

Shares of Cinedigm stock opened at $0.81 on Friday. Cinedigm has a 1 year low of $0.27 and a 1 year high of $0.79. The company has a 50 day simple moving average of $0.81 and a two-hundred day simple moving average of $0.95. The firm has a market cap of $152.26 million, a PE ratio of -16.29 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.