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

Posted by on Sep 17th, 2024

StockNews.com began coverage on shares of Cinedigm (NASDAQ:CIDM – Free Report) in a report released on Friday. The brokerage issued a hold rating on the stock.

Cinedigm Stock Performance

CIDM stock opened at $0.84 on Friday. The business’s 50-day moving average is $0.82 and its two-hundred day moving average is $0.98. The company has a market cap of $157.01 million, a price-to-earnings ratio of -16.80 and a beta of 2.05. Cinedigm has a fifty-two week low of $0.27 and a fifty-two week high of $0.79.

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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