Cinedigm (NASDAQ:CIDM) Now Covered by StockNews.com

StockNews.com assumed coverage on shares of Cinedigm (NASDAQ:CIDM) in a research report report published on Thursday morning. The brokerage issued a hold rating on the stock.

Cinedigm Trading Down 2.0 %

Shares of CIDM opened at $2.47 on Thursday. The firm’s 50-day moving average is $1.23 and its two-hundred day moving average is $1.01. Cinedigm has a twelve month low of $0.27 and a twelve month high of $0.79. The firm has a market capitalization of $461.68 million, a P/E ratio of -49.40 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.