Cinedigm (NASDAQ:CIDM) Research Coverage Started at StockNews.com

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

Cinedigm Stock Performance

Cinedigm stock opened at $0.78 on Thursday. The firm has a market cap of $145.20 million, a PE ratio of -15.54 and a beta of 2.05. Cinedigm has a twelve month low of $0.27 and a twelve month high of $0.79. The firm’s 50 day moving average price is $0.82 and its two-hundred day moving average price is $1.00.

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.