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Cinedigm Corp. CIDM saw a big move last session, as the company's shares fell by nearly 9% on the day. The move came on pretty good volume too with far more shares changing hands than in a normal session. This reverses the recent trend for CIDM, as the stock is now up over 8% in the past one-month time frame.
The entertainment business services provider has seen a flat track record when it comes to current year estimate revisions over the past few weeks, and the consensus for earnings hasn't been in a trend either. This recent price action is discouraging, so make sure to keep a close watch on this firm in the near future, and especially on earnings estimates following the recent slump.
CIDM currently has a Zacks Rank #3 (Hold).
Some better-ranked stocks in the Business Services sector include Avis Budget Group, Inc. CAR, ExamWorks Group, Inc. EXAM and RPX Corporation RPXC. While Avis Budget Group carry a Zacks Rank #1 (Strong Buy), ExamWorks and RPX Corp hold a Zacks Rank #2 (Buy).
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report >>
The entertainment business services provider has seen a flat track record when it comes to current year estimate revisions over the past few weeks, and the consensus for earnings hasn't been in a trend either. This recent price action is discouraging, so make sure to keep a close watch on this firm in the near future, and especially on earnings estimates following the recent slump.
CIDM currently has a Zacks Rank #3 (Hold).
Some better-ranked stocks in the Business Services sector include Avis Budget Group, Inc. CAR, ExamWorks Group, Inc. EXAM and RPX Corporation RPXC. While Avis Budget Group carry a Zacks Rank #1 (Strong Buy), ExamWorks and RPX Corp hold a Zacks Rank #2 (Buy).
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days.
Click to get this free reportCINEDIGM CORP CIDM: Free Stock Analysis Report
AVIS BUDGET GRP CAR: Free Stock Analysis Report
EXAMWORKS GROUP EXAM: Free Stock Analysis Report
RPX CORP RPXC: Free Stock Analysis Report
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