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

StockNews.com started coverage on shares of Cinedigm (NASDAQ:CIDM) in a research note published on Monday morning. The brokerage issued a hold rating on the stock.

Cinedigm Stock Performance

Shares of CIDM stock opened at $1.14 on Monday. Cinedigm has a 52 week low of $0.27 and a 52 week high of $0.79. The company has a market capitalization of $213.08 million, a price-to-earnings ratio of -22.80 and a beta of 2.05. The company has a 50-day simple moving average of $1.37 and a 200 day simple moving average of $1.29.

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.