Erratic Trading Showing Unusual Volume in Shares of Cinedigm Corp. (NASDAQ:CIDM)

Shares of Cinedigm Corp. (NASDAQ:CIDM) are experiencing unusual volume during today’s trading.  While the stock price moved along with the volume change, shares are touching $1.44 at the time of writing.  The day’s total volume of 251695 this morning is in contrast from the three-month daily average of 72.17K.  When we divide the current volume by the three-month average volume, we get a relative volume of 5.86.

Cinedigm Corp. (NASDAQ:CIDM)‘s market cap, the total dollar value of all of their outstanding shares, is 18.80m.  Including today’s unusual volume, Cinedigm Corp.‘s stock is performing at -4.86% on the year.  For the week, the stock is performing -5.52%.  Over the past month the firm’s stock is -7.43%, -13.84% for the last quarter, -2.84% for the past six-months and -34.13% for the last year.

Current levels places Cinedigm Corp. (NASDAQ:CIDM)’s stock about -19.65% from the 50-day high and 7.94% away from the 50-day low.  

Leave A Reply

Your email address will not be published.