Cinedigm Corp (CIDM) Receives Daily Media Impact Score of 0.13
News stories about Cinedigm Corp (NASDAQ:CIDM) have been trending somewhat positive on Wednesday, Accern Sentiment Analysis reports. Accern identifies positive and negative media coverage by monitoring more than twenty million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Cinedigm Corp earned a media sentiment score of 0.13 on Accern’s scale. Accern also assigned press coverage about the business services provider an impact score of 45.5725795421978 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
These are some of the news headlines that may have impacted Accern’s scoring:
- Cinedigm to Report First Quarter Fiscal 2018 Financial … (tmcnet.com)
- Cinedigm : LiveXLive And Cinedigm Partner In Worldwide Distribution Agreement For Live Music Events And Original Content (4-traders.com)
- Cinedigm Corp (NASDAQ:CIDM) Set to Announce Earnings on Monday (americanbankingnews.com)
- Cinedigm’s Dove Channel Launches in Canada (finance.yahoo.com)
Shares of Cinedigm Corp (CIDM) opened at 1.4536 on Wednesday. Cinedigm Corp has a 1-year low of $1.20 and a 1-year high of $2.69. The company’s market cap is $18.00 million. The stock has a 50 day moving average of $1.70 and a 200 day moving average of $1.55.
Cinedigm Corp (NASDAQ:CIDM) last posted its quarterly earnings results on Thursday, June 29th. The business services provider reported ($1.15) earnings per share (EPS) for the quarter, missing the consensus estimate of ($1.03) by $0.12. The firm had revenue of $19.59 million during the quarter. On average, equities analysts forecast that Cinedigm Corp will post ($3.05) EPS for the current year.
Separately, ValuEngine lowered shares of Cinedigm Corp from a “sell” rating to a “strong sell” rating in a research note on Saturday, July 22nd.
Cinedigm Corp Company Profile
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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