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

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

Cinedigm Stock Performance

Shares of Cinedigm stock opened at $2.31 on Wednesday. Cinedigm has a 52 week low of $0.27 and a 52 week high of $0.79. The stock has a 50 day moving average price of $1.11 and a two-hundred day moving average price of $0.98. The stock has a market capitalization of $431.77 million, a PE ratio of -46.20 and a beta of 2.05.

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.