StockNews.com initiated coverage on shares of Cinedigm (NASDAQ:CIDM – Free Report) in a report published on Tuesday morning. The brokerage issued a hold rating on the stock.
Cinedigm Trading Down 1.2 %
Shares of CIDM stock opened at $0.84 on Tuesday. Cinedigm has a 12-month low of $0.27 and a 12-month high of $0.79. The business’s fifty day simple moving average is $0.83 and its 200-day simple moving average is $1.06. The company has a market cap of $156.99 million, a PE ratio of -16.80 and a beta of 2.05.
About Cinedigm
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