Cinedigm Digital Cinema Corp (CIDM) is Trading Higher on Unusual Volume for January 01

Equities Staff  |

Cinedigm Digital Cinema Corp (CIDM) experienced unusually high volume on Jan. 01, as the stock gained 4.44% to a closing price of $0.26. The stock saw 554,384 shares trade hands over the course of the day on 360 trades. Given that the stock’s average daily volume over the last month has been 366,084 shares a day, this represents a pretty substantial spike over the norm.

Cinedigm Digital Cinema Corp has a P/B ratio of -0.28. The stock has traded between $1.79 and $0.24 over the last 52-weeks, its 50-day SMA is now $0.41, and its 200-day SMA $0.72.

Cinedigm Corp is a distributor of movie & television & servicer of digital cinema assets in both North America & other international countries. Its four segments are Phase I Deployment, Phase II Deployment, Services, & Content & Entertainment.

Headquartered in New York, NY, Cinedigm Digital Cinema Corp has 141 employees and is currently under the leadership of CEO Christopher J. McGurk.

For a complete fundamental analysis analysis of Cinedigm Digital Cinema Corp, check out’s Stock Valuation Analysis report for CIDM. To see the latest independent stock recommendations from’s analysts, visit our Research section.


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All data provided by QuoteMedia and was accurate as of 4:30PM ET.

DISCLOSURE: The views and opinions expressed in this article are those of the authors, and do not represent the views of Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure, please go to:


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