StockNews.com assumed coverage on shares of Cinedigm (NASDAQ:CIDM – Free Report) in a research note released on Tuesday. The firm issued a hold rating on the stock.
Cinedigm Stock Up 19.4 %
Shares of CIDM opened at $2.28 on Tuesday. The firm has a market cap of $426.17 million, a price-to-earnings ratio of -45.60 and a beta of 2.05. Cinedigm has a 12 month low of $0.27 and a 12 month high of $0.79. The company’s fifty day moving average is $0.97 and its 200-day moving average is $0.95.
About Cinedigm
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