StockNews.com assumed coverage on shares of Cinedigm (NASDAQ:CIDM – Free Report) in a report issued on Sunday morning. The brokerage issued a hold rating on the stock.
Cinedigm Trading Down 2.4 %
Shares of NASDAQ:CIDM traded down $0.02 during midday trading on Friday, hitting $0.80. 49,207 shares of the stock were exchanged, compared to its average volume of 710,288. The stock has a market cap of $149.53 million, a P/E ratio of -16.40 and a beta of 2.05. Cinedigm has a twelve month low of $0.27 and a twelve month high of $0.79. The company has a 50 day moving average price of $0.86 and a 200-day moving average price of $1.14.
About Cinedigm
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