GigaMedia (NASDAQ:GIGM) Now Covered by Analysts at StockNews.com

StockNews.com assumed coverage on shares of GigaMedia (NASDAQ:GIGM) in a research report report published on Saturday morning. The firm issued a sell rating on the technology company’s stock.

GigaMedia Stock Performance

GigaMedia stock opened at $1.46 on Friday. The business’s 50-day simple moving average is $1.36 and its 200-day simple moving average is $1.33. The firm has a market capitalization of $16.13 million, a PE ratio of -4.06 and a beta of 0.37. GigaMedia has a 52 week low of $1.23 and a 52 week high of $1.50.

GigaMedia Company Profile

GigaMedia Limited, together with its subsidiaries, provides digital entertainment services in Taiwan, Hong Kong, and Macau. The company owns and operates FunTown, a digital entertainment portal that offers mobile and browser-based casual games, as well as provides services such as player clubs, tournaments, avatars, friends and family messenger and online chatting systems, customer service, mobile platform, and customer platform.