Cinedigm (NASDAQ:CIDM) Now Covered by StockNews.com

Equities research analysts at StockNews.com began coverage on shares of Cinedigm (NASDAQ:CIDM) in a note issued to investors on Sunday. The firm set a “hold” rating on the stock.

Cinedigm Trading Up 14.9 %

CIDM stock opened at $1.31 on Friday. Cinedigm has a 12-month low of $0.27 and a 12-month high of $0.79. The company has a market cap of $244.86 million, a P/E ratio of -26.20 and a beta of 2.05.

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.