Digital Cinema Destinations Corp Downgraded by Zacks to Underperform (DCIN)

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Digital Cinema Destinations Corp (NASDAQ:DCIN) was downgraded by Zacks from a “neutral” rating to an “underperform” rating in a report issued on Wednesday, AnalystRatingsNetwork.com reports. They currently have a $5.50 price target on the stock. Zacks‘ target price suggests a potential downside of 4.35% from the company’s current price.

Shares of Digital Cinema Destinations Corp (NASDAQ:DCIN) traded up 0.33% on Wednesday, hitting $5.769. The stock had a trading volume of 400 shares. Digital Cinema Destinations Corp has a 52-week low of $4.01 and a 52-week high of $6.78. The stock has a 50-day moving average of $5. and a 200-day moving average of $5.68. The company’s market cap is $45.5 million.

Digital Cinema Destinations Corp. operates in the motion picture exhibitor industry. Digiplex is the parent company of its wholly owned subsidiaries, DC Westfield LLC, DC Cranford LLC, DC Bloomfield LLC (NASDAQ:DCIN), and DC Cinema Centers LLC.

To view Zacks’ full report, visit www.zacks.com

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