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

Equities research analysts at StockNews.com assumed coverage on shares of Cinedigm (NASDAQ:CIDM) in a research note issued on Monday. The brokerage set a “hold” rating on the stock.

Cinedigm Stock Performance

Shares of CIDM stock opened at $1.28 on Monday. The stock’s 50-day moving average is $0.85 and its two-hundred day moving average is $0.93. Cinedigm has a 1 year low of $0.27 and a 1 year high of $0.79. The firm has a market cap of $239.25 million, a price-to-earnings ratio of -20.20 and a beta of 2.05.

About Cinedigm

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.