Investment analysts at StockNews.com started coverage on shares of Cinedigm (NASDAQ:CIDM - Get Free Report) in a research report issued to clients and investors on Tuesday. The firm set a "hold" rating on the stock.
Cinedigm Stock Up 0.7 %
NASDAQ:CIDM traded up $0.01 during midday trading on Tuesday, hitting $1.46. The company had a trading volume of 337,260 shares, compared to its average volume of 710,288. The stock's fifty day moving average price is $0.89 and its 200-day moving average price is $0.93. Cinedigm has a 52-week low of $0.27 and a 52-week high of $0.79. The company has a market capitalization of $272.90 million, a PE ratio of -29.20 and a beta of 2.05.
Cinedigm Company Profile
(
Get Free Report)
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.
Featured Articles
Before you consider Cinedigm, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Cinedigm wasn't on the list.
While Cinedigm currently has a "hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Do you expect the global demand for energy to shrink?! If not, it's time to take a look at how energy stocks can play a part in your portfolio.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
