Press coverage about Cinedigm (NASDAQ:CIDM) has been trending positive this week, Accern reports. The research group identifies negative and positive media coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Cinedigm earned a news impact score of 0.30 on Accern’s scale. Accern also assigned news headlines about the business services provider an impact score of 46.1768734866909 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
Separately, ValuEngine raised shares of Cinedigm from a “strong sell” rating to a “sell” rating in a research note on Friday, February 2nd.
Cinedigm (NASDAQ:CIDM) traded up $0.02 during trading on Friday, reaching $1.32. 16,847 shares of the company traded hands, compared to its average volume of 21,642. The company has a quick ratio of 0.83, a current ratio of 0.84 and a debt-to-equity ratio of -2.13. Cinedigm has a twelve month low of $1.11 and a twelve month high of $3.00. The company has a market cap of $46.13, a price-to-earnings ratio of -0.54 and a beta of 0.59.
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Cinedigm Corp. is a distributor and aggregator of independent movie, television and other short form content managing a library of distribution rights to thousands of titles and episodes released across digital, physical, and home and mobile entertainment platforms. The Company also provides digital cinema assets servicing on over 12,000 domestic and foreign movie screens.
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