NASDAQ:CIDM - Cinedigm Stock Price, Forecast & News

Cinedigm trades on the NASDAQ under the ticker symbol "CIDM."

Shares of Cinedigm reverse split before market open on Tuesday, May 10th 2016. The 1-10 reverse split was announced on Monday, May 9th 2016. The number of shares owned by shareholders was adjusted after the market closes on Monday, May 9th 2016. An investor that had 100 shares of Cinedigm stock prior to the reverse split would have 10 shares after the split.

Cinedigm Corp (NASDAQ:CIDM) issued its earnings results on Thursday, November, 14th. The business services provider reported ($0.08) earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of ($0.03) by $0.05. The business services provider had revenue of $10.24 million for the quarter. View Cinedigm's Earnings History.

Cinedigm is scheduled to release their next quarterly earnings announcement on Wednesday, February 12th 2020. View Earnings Estimates for Cinedigm.

1 analysts have issued 1 year target prices for Cinedigm's shares. Their forecasts range from $3.00 to $3.00. On average, they anticipate Cinedigm's stock price to reach $3.00 in the next year. This suggests a possible upside of 411.0% from the stock's current price. View Analyst Price Targets for Cinedigm.

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Cinedigm in the last year. There are currently 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Cinedigm.

News headlines about CIDM stock have trended somewhat negative recently, according to InfoTrie Sentiment. The research firm identifies positive and negative media coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Cinedigm earned a daily sentiment score of -1.4 on InfoTrie's scale. They also assigned media coverage about the business services provider a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the stock's share price in the near future. View News Stories for Cinedigm.

Cinedigm saw a drop in short interest in the month of January. As of January 15th, there was short interest totalling 220,800 shares, a drop of 9.1% from the December 31st total of 242,900 shares. Based on an average daily trading volume, of 36,000 shares, the days-to-cover ratio is currently 6.1 days. Approximately 1.6% of the shares of the stock are sold short. View Cinedigm's Current Options Chain.

Some companies that are related to Cinedigm include Everspin Technologies (MRAM), Command Center (CCNI), Rekor Systems (REKR), AstroNova (ALOT), PFSweb (PFSW), Black Diamond Group (BDIMF), Mogo Finance Technology (MOGO), Gopher Protocol (GOPH), ATIF (ATIF), Sino United Worldwide Consolidated (SUIC), Performant Financial (PFMT), DLH (DLHC), Exela Technologies (XELA), Borqs Technologies (BRQS) and Mobiquity Technologies (MOBQ).

Based on aggregate information from My MarketBeat watchlists, some companies that other Cinedigm investors own include Acasti Pharma (ACST), Abraxas Petroleum (AXAS), NovaBay Pharmaceuticals (NBY), Inpixon (INPX), Net Element (NETE), Bellicum Pharmaceuticals (BLCM), Seanergy Maritime (SHIP), AcelRx Pharmaceuticals (ACRX), Arena Pharmaceuticals (ARNA) and Catalyst Biosciences (CBIO).

Cinedigm's stock is owned by many different of institutional and retail investors. Top institutional investors include Zazove Associates LLC (1.62%). View Institutional Ownership Trends for Cinedigm.

CIDM stock was sold by a variety of institutional investors in the last quarter, including Zazove Associates LLC. View Insider Buying and Selling for Cinedigm.

Shares of CIDM can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

One share of CIDM stock can currently be purchased for approximately $0.59.

Cinedigm has a market capitalization of $23.36 million and generates $53.53 million in revenue each year. The business services provider earns $-16,230,000.00 in net income (profit) each year or ($0.44) on an earnings per share basis. Cinedigm employs 104 workers across the globe.View Additional Information About Cinedigm.

The official website for Cinedigm is http://www.cinedigm.com/.

Cinedigm's mailing address is 45 WEST 36TH STREET 7TH FLOOR, NEW YORK NY, 10018. The business services provider can be reached via phone at 212-206-8600 or via email at [email protected]