Cinedigm (NASDAQ:CIDM) Research Coverage Started at StockNews.com

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

Cinedigm Price Performance

CIDM stock opened at $0.78 on Thursday. Cinedigm has a 1 year low of $0.27 and a 1 year high of $0.79. The stock has a market capitalization of $145.20 million, a PE ratio of -15.54 and a beta of 2.05. The company’s 50-day moving average is $0.82 and its 200-day moving average is $1.01.

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.