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

StockNews.com began coverage on shares of Cinedigm (NASDAQ:CIDM) in a research report report published on Friday morning. The firm issued a hold rating on the stock.

Cinedigm Price Performance

Shares of NASDAQ:CIDM opened at $0.84 on Friday. Cinedigm has a 1 year low of $0.27 and a 1 year high of $0.79. The company has a market cap of $157.01 million, a P/E ratio of -16.80 and a beta of 2.05. The stock’s fifty day moving average price is $0.82 and its 200-day moving average price is $0.98.

About Cinedigm

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.