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

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

Cinedigm Price Performance

Shares of CIDM opened at $0.80 on Tuesday. The company’s fifty day moving average price is $1.27 and its 200-day moving average price is $1.28. The firm has a market capitalization of $149.51 million, a PE ratio of -16.00 and a beta of 2.05. Cinedigm has a 1-year low of $0.27 and a 1-year 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.