StockNews.com Begins Coverage on Cinedigm (NASDAQ:CIDM)

StockNews.com assumed coverage on shares of Cinedigm (NASDAQ:CIDM) in a research note published on Sunday. The firm issued a hold rating on the stock.

Cinedigm Trading Up 2.4 %

Cinedigm stock opened at $1.26 on Friday. The stock has a market cap of $235.51 million, a PE ratio of -25.20 and a beta of 2.05. The stock has a 50-day moving average price of $1.40 and a 200 day moving average price of $1.29. Cinedigm has a 52 week low of $0.27 and a 52 week 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.