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

StockNews.com began coverage on shares of Cinedigm (NASDAQ:CIDMFree Report) in a research report report published on Saturday morning. The firm issued a hold rating on the stock.

Cinedigm Price Performance

Cinedigm stock opened at $1.50 on Friday. The firm has a market cap of $280.37 million, a price-to-earnings ratio of -30.00 and a beta of 2.05. Cinedigm has a 1 year low of $0.27 and a 1 year high of $0.79. The stock’s 50-day moving average is $1.36.

About Cinedigm

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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.

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