Cinedigm (NASDAQ:CIDM) Receives New Coverage from Analysts at StockNews.com

Investment analysts at StockNews.com initiated coverage on shares of Cinedigm (NASDAQ:CIDM) in a research report issued to clients and investors on Tuesday. The brokerage set a “hold” rating on the stock.

Cinedigm Trading Down 2.4 %

NASDAQ:CIDM opened at $0.84 on Tuesday. The firm has a market cap of $157.01 million, a PE ratio of -16.80 and a beta of 2.05. The stock has a fifty day moving average price of $0.93 and a 200 day moving average price of $1.22. Cinedigm has a 12-month low of $0.27 and a 12-month high of $0.79.

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.