Cinedigm Corp. (NASDAQ: CIDM) is undeniably one of the hottest stocks of 2021, and this growth has continued with a 20% upwards surge today.
This article covers everything you need to know about Cinedigm shares. We cover what the company is, what it does, what our price forecast is for CIDM stock, and whether or not you should invest right now.
If you want to cut straight to the chase and invest in Cinedigm right now, check out the section immediately below; we have compiled two of the best places to buy, sell and trade Cinedigm stock in the UK and elsewhere.
How & where to buy Cinedigm shares online
These are two of the best platforms to buy and sell CIDM shares thanks to their low fees and all-around ease of use. Simply click on one of the links, sign up, deposit funds and buy CIDM stock today:
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What is Cinedigm?
It is a distributor and aggregator of independent movie, television, and other short form content in the United States, Canada, and New Zealand.
Formerly known as Cinedigm Digital Cinema Corp., the company changed its name to Cinedigm Corp. in September 2013.
The company operates through 2 segments: Cinema Equipment Business and Content and Entertainment Business, working with and supplying major strategic partners like Hallmark, Televisa, ITV, Nelvana, Apple, NFL, NHL, Amazon Prime, Netflix, Hulu, Xbox, PlayStation, and Sony.
In addition, it operates some over-the-top (OTT) entertainment channels such as Docurama, CONtv, and Dove Channel, and even Matchpoint, which is a software-as-a-service (SaaS) platform
The company’s stock has surged following positive preliminary Q4 financial results.
Should I buy Cinedigm stock today?
If you want to buy the news, or if you simply believe in the company’s business credentials, buying shares and holding them may be a good idea. Just make sure you conduct your own thorough research first to inform your investment.
Cinedigm price target 2021
Here is our CIDM price forecast: a 12-month high of $3.50, a median of $3.25 and a low of $3.