StockNews.com assumed coverage on shares of Cinedigm (NASDAQ:CIDM – Free 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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