Cinedigm (NASDAQ:CIDM) Research Coverage Started at StockNews.com

StockNews.com assumed coverage on shares of Cinedigm (NASDAQ:CIDM) in a report published on Saturday. The brokerage issued a hold rating on the stock.

Cinedigm Stock Up 1.3 %

CIDM opened at $0.81 on Friday. The stock’s 50 day moving average price is $0.81 and its two-hundred day moving average price is $0.96. The firm has a market capitalization of $151.40 million, a P/E ratio of -16.20 and a beta of 2.05. Cinedigm has a 12-month low of $0.27 and a 12-month high of $0.79.

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.