Analysts at StockNews.com initiated coverage on shares of Cinedigm (NASDAQ:CIDM – Get Free Report) in a report issued on Friday. The brokerage set a “hold” rating on the stock.
Cinedigm Trading Up 1.5 %
Shares of Cinedigm stock opened at $1.39 on Friday. The stock’s fifty day simple moving average is $1.46 and its 200 day simple moving average is $1.27. The company has a market capitalization of $259.81 million, a PE ratio of -27.80 and a beta of 2.05. Cinedigm has a 12 month low of $0.27 and a 12 month high of $0.79.
About Cinedigm
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