Cinedigm Corp - Class A Shares Close the Day 11.5% Lower - Daily Wrap

The company saw its shares close the day 11.5% lower than yesterday, with trading volume lower than its 30 day average.

Apr 07, 2021 by Kwhen Finance Editors

Cinedigm Corp - Class A Shares Close the Day 11.5% Lower - Daily Wrap
Cinedigm Corp - Class A shares closed today 11.5% lower than it did at the end of yesterday. The stock is currently up 90.8% year-to-date, up 232.4% over the past 12 months, and down 39.6% over the past five years. Today, the Dow Jones Industrial Average rose 0.8%, and the S&P 500 rose 0.7%.

Trading Activity

  • Shares traded as high as $1.60 and as low as $1.16 this week.
  • Shares closed 8e+1% below its 52-week high and 2e+2% above its 52-week low.
  • Trading volume this week was 53.8% lower than the 10-day average and 80.3% lower than the 30-day average.
  • Beta, a measure of the stock’s volatility relative to the overall market stands at 1.5.

Technical Indicators

  • The Relative Strength Index (RSI) on the stock was under 30, indicating it may be underbought.
  • MACD, a trend-following momentum indicator, indicates a downward trend.
  • The stock closed below its Bollinger band, indicating it may be oversold.
  • The stock closed at 11.1% lower than its 5-day moving average, 16.4% lower than its 20-day moving average, and 0.4% higher than its 90-day moving average.

Market Comparative Performance

  • The company's share price lags the S&P 500 Index today, beats it on a 1-year basis, and lags it on a 5-year basis
  • The company's share price lags the Dow Jones Industrial Average today, beats it on a 1-year basis, and lags it on a 5-year basis
  • The company share price lags the performance of its peers in the Industrials industry sector today, beats it on a 1-year basis, and lags it on a 5 year basis
NameDoD %ΔYTD %Δ1 Yr %52-Week H %52-Week L %
Cinedigm Corp - Class A-11.590.8232.4-77.8259.5
Dow Jones Industrial Average0.811.045.3-0.749.9
S&P 500 Index0.710.450.3-0.852.9
Industrials0.912.564.4-1.172.6

Peer Group Comparative Performance

  • The company's stock price performance year-to-date beats the peer average by 363.9%
  • The company's stock price performance over the past 12 months beats the peer average by 344.8%
NameMKT CAP (USD)P/EYTD %Δ1 Yr %Δ52-Week H %52-Week L %
Cinedigm Corp - Class ACIDM090.8232.4-77.8259.5
Peer AvgN/A12.419.652.3-14.570.0
Fox Corporation - Class AFOXA14.229.346.1-17.459.2
CDK Global IncCDK29.04.652.2-2.264.0
AMC Networks Inc - Class AAMCX6.444.3110.7-38.5157.0

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