For the readers interested in the stock health of Cinedigm Corp. (CIDM). It is currently valued at $0.57. When the transactions were called off in the previous session, Stock hit the highs of $0.5942, after setting-off with the price of $0.57. Company’s stock value dipped to $0.56 during the trading on the day. When the trading was stopped its value was $0.57.
Cinedigm Corp. had a pretty Dodgy run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $6.0000 on 06/04/20, with the lowest value was $0.2500 for the same time period, recorded on 03/23/20.
Get Ready for my next COVID-19 stock idea. I have been very fortunate in discovering biotech, therapeutic and diagnostic companies within the COVID-19 space, before wall street catches on. Our goal for our members is to get our Alert’s first before the crowd.
Cinedigm Corp. (CIDM) full year performance was -31.89%
Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stock’s existing status and the future performance. Presently, Cinedigm Corp. shares are logging -90.42% during the 52-week period from high price, and 129.92% higher than the lowest price point for the same timeframe. The stock’s price range for the 52-week period managed to maintain the performance between $0.25 and $6.00.
The company’s shares, operating in the sector of Communication Services managed to top a trading volume set approximately around 2194778 for the day, which was evidently lower, when compared to the average daily volumes of the shares.
When it comes to the year-to-date metrics, the Cinedigm Corp. (CIDM) recorded performance in the market was -17.89%, having the revenues showcasing -72.50% on a quarterly basis in comparison with the same period year before. At the time of this writing, the total market value of the company is set at 61.54M, as it employees total of 70 workers.
Cinedigm Corp. (CIDM) in the eye of market guru’s
During the last month, 0 analysts gave the Cinedigm Corp. a BUY rating, 0 of the polled analysts branded the stock as an OVERWEIGHT, 0 analysts were recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 of the polled analysts provided SELL rating.
According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 1.3758, with a change in the price was noted -0.0332. In a similar fashion, Cinedigm Corp. posted a movement of -5.46% for the period of last 100 days, recording 7,665,975 in trading volumes.
Cinedigm Corp. (CIDM): Stocks Technical analysis and Trends
Raw Stochastic average of Cinedigm Corp. in the period of last 50 days is set at 4.94%. The result represents downgrade in oppose to Raw Stochastic average for the period of the last 20 days, recording 9.75%. In the last 20 days, the company’s Stochastic %K was 8.64% and its Stochastic %D was recorded 8.56%.
If we look into the earlier routines of Cinedigm Corp., multiple moving trends are noted. Year-to-date Price performance of the company’s stock appears to be encouraging, given the fact the metric is recording -17.89%. Additionally, trading for the stock in the period of the last six months notably improved by 47.38%, alongside a downfall of -31.89% for the period of the last 12 months. The shares increased approximately by 3.31% in the 7-day charts and went up by -27.24% in the period of the last 30 days. Common stock shares were lifted by -72.50% during last recorded quarter.