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

StockNews.com assumed coverage on shares of Cinedigm (NASDAQ:CIDM) in a research note issued to investors on Wednesday morning. The firm issued a hold rating on the stock.

Cinedigm Price Performance

Shares of CIDM stock opened at $0.84 on Wednesday. The company has a market capitalization of $157.42 million, a PE ratio of -16.84 and a beta of 2.05. Cinedigm has a 12 month low of $0.27 and a 12 month high of $0.79. The firm’s 50-day moving average is $0.90 and its two-hundred day moving average is $1.20.

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.