Cinedigm Corp (NASDAQ:CIDM) has been assigned an average broker rating score of 1.00 (Strong Buy) from the one brokers that cover the stock, Zacks Investment Research reports. One analyst has rated the stock with a strong buy rating.
Brokers have set a 12 month consensus price target of $2.08 for the company, according to Zacks. Zacks has also given Cinedigm an industry rank of 88 out of 255 based on the ratings given to its competitors.
NASDAQ CIDM traded down $0.01 during trading hours on Friday, hitting $0.52. 21,500 shares of the company traded hands, compared to its average volume of 123,439. The business’s 50-day moving average is $0.61 and its 200-day moving average is $0.84. Cinedigm has a twelve month low of $0.50 and a twelve month high of $2.06. The stock has a market capitalization of $21.31 million, a price-to-earnings ratio of -1.21 and a beta of 1.31.
Cinedigm Company Profile
Cinedigm Corp., together with its subsidiaries, operates as distributor and aggregator of independent movie, television, and other short form content primarily in the United States. The company operates through four segments: The First Digital Cinema Deployment, The Second Digital Cinema Deployment, Digital Cinema Services, and Media Content and Entertainment Group.
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