CNVS Stock Summary and Trading Ideas (Cineverse Corp. - Class A | NASDAQ:CNVS)

Cineverse Corp is a main streaming technology and entertainment company. It operates portfolios of owned and operated streaming channels, all powered by its, proprietary technology platform. Cineverse features enthusiast brands for subscription video on demand (SVOD), advertising-based video on demand (AVOD), and free, ad-supported streaming television (FAST) channels. The company earns fees for the distribution of content in the home entertainment markets via several distribution channels, including digital, video-on-demand, and physical goods (e.g., DVDs and Blu-ray Discs) (Base Distribution).

Cineverse Corp. - Class A trades on the NASDAQ stock market under the symbol CNVS.

As of March 10, 2025, CNVS stock price climbed to $3.64 with 104,432 million shares trading.

CNVS has a beta of 1.01, meaning it tends to be more sensitive to market movements. CNVS has a correlation of 0.02 to the broad based SPY ETF.

CNVS has a market cap of $58.17 million. This is considered a Micro Cap stock.

The top ETF exchange traded funds that CNVS belongs to (by Net Assets): VTI, VXF, DFAS, DFAC, DFSU.

CNVS has outperformed the market in the last year with a return of +175.8%, while the SPY ETF gained +10.3%. In the last 3 month period, CNVS beat the market returning -4.7%, while SPY returned -7.4%. However, in the most recent 2 weeks CNVS has underperformed the stock market by returning -15.2%, while SPY returned -6.6%.

CNVS support price is $3.36 and resistance is $3.86 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that CNVS shares will trade within this expected range on the day.