Digital Cinema Destinations Corp Upgraded to “Neutral” at Zacks (DCIN)

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Zacks upgraded shares of Digital Cinema Destinations Corp (NASDAQ:DCIN) from an underperform rating to a neutral rating in a research report sent to investors on Thursday morning, AnalystRatings.Net reports. The firm currently has $5.60 price target on the stock.

Zacks has also updated their ratings on a number of other stocks in the last week. The firm reiterated its neutral rating on shares of Natural Resource. They have a $17.00 price target on that stock. Also, Zacks upgraded shares of Nippon Telegraph & Telephone from a neutral rating to an outperform rating. Zacks now has a $29.50 price target on that stock. Finally, Zacks upgraded shares of Inovio Pharmaceuticals Inc from a neutral rating to an outperform rating. Zacks now has a $4.00 price target on that stock.

Digital Cinema Destinations Corp (NASDAQ:DCIN) traded down 0.73% during mid-day trading on Thursday, hitting $5.46. The stock had a trading volume of 5,038 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 $5.62 and a 200-day moving average of $5.55. The company’s market cap is $43.3 million.

Digital Cinema Destinations Corp. operates eight theatres and 73 screens located in Westfield, New Jersey (NASDAQ:DCIN), Cranford, New Jersey (Cranford), Bloomfield, Connecticut (the Bloomfield 8) and five theatres located in central Pennsylvania (Cinema Centers).

To view Zacks’ full report, visit Zacks’ official website.

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