Cinedigm (NASDAQ:CIDM) Receives New Coverage from Analysts at StockNews.com

StockNews.com assumed coverage on shares of Cinedigm (NASDAQ:CIDMFree Report) in a research note issued to investors on Sunday morning. The brokerage issued a hold rating on the stock.

Cinedigm Stock Up 2.4 %

CIDM opened at $1.26 on Friday. The firm has a market capitalization of $235.51 million, a P/E ratio of -25.20 and a beta of 2.05. The stock’s 50 day moving average price is $1.40 and its two-hundred day moving average price is $1.29. Cinedigm has a 12-month low of $0.27 and a 12-month high of $0.79.

About Cinedigm

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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.

Further Reading

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