Should You Buy Cinedigm Corp (CIDM) Stock Wednesday?

Wednesday, January 20, 2021 08:04 AM | InvestorsObserver Analysts

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Cinedigm Corp (CIDM) has gained Wednesday morning, with the stock rising 6.36% in pre-market trading to 1.17.

CIDM's short-term technical score of 43 indicates that the stock has traded less bullishly over the last month than 57% of stocks on the market. In the Entertainment industry, which ranks 93 out of 146 industries, CIDM ranks higher than 50% of stocks.

Cinedigm Corp has risen 42.86% over the past month, closing at $0.65 on December 23. During this period of time, the stock fell as low as $0.62 and as high as $1.15. CIDM has an average analyst recommendation of Strong Buy. The company has an average price target of $2.75.

CIDM has an Overall Score of 74. Find out what this means to you and get the rest of the rankings on CIDM!

Cinedigm Corp has a Long-Term Technical rank of 88. This means that trading over the last 200 trading days has placed the company in the upper half of stocks with 12% of the market scoring higher. In the Entertainment industry which is number 82 by this metric, CIDM ranks better than 89% of stocks.

Important Dates for Investors in CIDM:

-Cinedigm Corp is set to release earnings on 2/16/2021. During their last earnings release the company posted EPS of $-0.57. -We do not have a set dividend date for Cinedigm Corp at this time. Click Here to get the full Stock Score Report on Cinedigm Corp (CIDM) Stock.

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