Equities researchers at StockNews.com initiated coverage on shares of Cinedigm (NASDAQ:CIDM – Get Free Report) in a research note issued on Friday. The brokerage set a “hold” rating on the stock.
Cinedigm Trading Up 7.9 %
Shares of CIDM stock opened at $2.73 on Friday. The stock’s fifty day simple moving average is $1.40 and its 200-day simple moving average is $1.05. The company has a market capitalization of $510.28 million, a price-to-earnings ratio of -54.60 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
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