Cinedigm (NASDAQ:CIDM) Coverage Initiated by Analysts at StockNews.com

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

Cinedigm Price Performance

Cinedigm stock opened at $0.81 on Monday. The business has a 50-day simple moving average of $0.83 and a two-hundred day simple moving average of $1.10. The company has a market cap of $151.03 million, a P/E ratio of -16.16 and a beta of 2.05. Cinedigm has a 52-week low of $0.27 and a 52-week 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.