Cinedigm Corp. (CIDM) is priced at $1.18 after the most recent trading session. At the very opening of the session, the stock price was $1.17 and reached a high price of $1.21, prior to closing the session it reached the value of $1.15. The stock touched a low price of $1.11.
Recently in News on May 14, 2021, Cinedigm Announces Rapid Subscriber Growth and Expanding Independent Content Offering on Fandor. Cinedigm Reports 39% Subscriber Growth on Fandor Following January 2021 Acquisition. You can read further details here
Cinedigm Corp. had a pretty favorable run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $2.3300 on 02/09/21, with the lowest value was $0.6300 for the same time period, recorded on 01/04/21.
Cinedigm Corp. (CIDM) full year performance was 78.79%
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 -80.33% during the 52-week period from high price, and 162.22% 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 $0.45 and $6.00.
The company’s shares, operating in the sector of Communication Services managed to top a trading volume set approximately around 30218954 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 83.00%, having the revenues showcasing -41.00% 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 191.70M, as it employees total of 70 workers.
Specialists analysis on Cinedigm Corp. (CIDM)
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 1.3142, with a change in the price was noted +0.4135. In a similar fashion, Cinedigm Corp. posted a movement of +53.95% for the period of last 100 days, recording 27,928,830 in trading volumes.
Total Debt to Equity Ratio (D/E) can also provide valuable insight into the company’s financial health and market status. The debt to equity ratio can be calculated by dividing the present total liabilities of a company by shareholders’ equity. Debt to Equity thus makes a valuable metrics that describes the debt, company is using in order to support assets, correlating with the value of shareholders’ equity The total Debt to Equity ratio for CIDM is recording 2.90 at the time of this writing. In addition, long term Debt to Equity ratio is set at 0.25.
Trends and Technical analysis: Cinedigm Corp. (CIDM)
Raw Stochastic average of Cinedigm Corp. in the period of last 50 days is set at 20.77%. The result represents improvement in oppose to Raw Stochastic average for the period of the last 20 days, recording 14.29%. In the last 20 days, the company’s Stochastic %K was 17.10% and its Stochastic %D was recorded 27.59%.
Now, considering the stocks previous presentation, multiple moving trends are noted. Year-to-date Price performance of the company’s stock appears to be pessimistic, given the fact the metric is recording 83.00%. Additionally, trading for the stock in the period of the last six months notably improved by 103.48%, alongside a boost of 78.79% for the period of the last 12 months. The shares increased approximately by -4.07% in the 7-day charts and went down by 0.00% in the period of the last 30 days. Common stock shares were lifted by -41.00% during last recorded quarter.