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

Posted by on Dec 13th, 2024

StockNews.com began coverage on shares of GigaMedia (NASDAQ:GIGM – Free Report) in a research report sent to investors on Thursday. The brokerage issued a sell rating on the technology company’s stock.

GigaMedia Stock Performance

GigaMedia stock opened at $1.46 on Thursday. GigaMedia has a 1 year low of $1.23 and a 1 year high of $1.53. The firm’s 50 day moving average price is $1.43 and its 200-day moving average price is $1.36.

About GigaMedia

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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.

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