Cinedigm (NASDAQ:CIDM) announced its earnings results on Wednesday. The business services provider reported ($0.18) earnings per share (EPS) for the quarter, reports.
Shares of Cinedigm (CIDM) traded up $0.03 during trading on Wednesday, hitting $1.30. 15,209 shares of the company were exchanged, compared to its average volume of 85,897. The firm has a market cap of $44.19, a PE ratio of -0.60 and a beta of 0.56. The company has a quick ratio of 0.42, a current ratio of 0.43 and a debt-to-equity ratio of -0.68. Cinedigm has a 1-year low of $1.11 and a 1-year high of $3.00.
A number of equities research analysts recently issued reports on CIDM shares. ValuEngine upgraded shares of Cinedigm from a “strong sell” rating to a “sell” rating in a research report on Friday, February 2nd. BidaskClub upgraded shares of Cinedigm from a “strong sell” rating to a “sell” rating in a research report on Friday, November 3rd.
Cinedigm Corp. is a distributor and aggregator of independent movie, television and other short form content managing a library of distribution rights to thousands of titles and episodes released across digital, physical, and home and mobile entertainment platforms. The Company also provides digital cinema assets servicing on over 12,000 domestic and foreign movie screens.
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