Cinedigm (CIDM) Receiving Somewhat Positive News Coverage, Study Shows

Press coverage about Cinedigm (NASDAQ:CIDM) has trended somewhat positive this week, Accern Sentiment reports. The research firm identifies positive and negative news coverage by reviewing more than twenty million news and blog sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Cinedigm earned a coverage optimism score of 0.23 on Accern’s scale. Accern also assigned media headlines about the business services provider an impact score of 45.1236985543175 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the near term.

Several research analysts have recently commented on CIDM shares. ValuEngine downgraded Cinedigm from a “sell” rating to a “strong sell” rating in a report on Tuesday, October 3rd. BidaskClub upgraded Cinedigm from a “strong sell” rating to a “sell” rating in a report on Friday, November 3rd.

Cinedigm (NASDAQ CIDM) opened at $1.42 on Wednesday. Cinedigm has a twelve month low of $1.11 and a twelve month high of $3.00. The stock has a market capitalization of $48.91, a PE ratio of -0.67 and a beta of 0.77. The company has a current ratio of 0.43, a quick ratio of 0.42 and a debt-to-equity ratio of -0.68.

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About Cinedigm

Cinedigm Corp. is a distributor and aggregator of independent movie, television and other short form content managing a library of distribution rights to thousands of titles and episodes released across digital, physical, and home and mobile entertainment platforms. The Company also provides digital cinema assets servicing on over 12,000 domestic and foreign movie screens.

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