Cinedigm Corp. (CIDM) was a big mover last session, as the company saw its shares surge over 7% on the day. This rally higher can be attributable to solid volume with far more shares changing hands than in a normal session. This continues the most recent uptrend of the company, as the stock is up nearly 17% since Sep 9, 2014.
In the last 30 days, the entertainment business services provider did not witness any estimate revisions and the Zacks Consensus Estimate has remained unchanged. However, yesterday’s price action is encouraging, so make sure to keep a close watch on this firm in the near future.
CIDM currently has a Zacks Rank #4 (Sell) while its Earnings ESP is 0.00%.
Some better-ranked stocks in the Business Services sector include Avis Budget Group, Inc. (CAR) with a Zacks Rank #1 (Strong Buy), along with Cardtronics Inc. (CATM) and Core-Mark Holding Company, Inc. (CORE) holding a Zacks Rank #2 (Buy).
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