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

Stock analysts at StockNews.com assumed coverage on shares of GigaMedia (NASDAQ:GIGM) in a research report issued on Sunday. The firm set a “sell” rating on the technology company’s stock.

GigaMedia Stock Down 1.3 %

GIGM stock opened at $1.51 on Friday. GigaMedia has a 52-week low of $1.23 and a 52-week high of $1.53. The stock’s 50 day moving average is $1.37 and its two-hundred day moving average is $1.34. The company has a market capitalization of $16.69 million, a PE ratio of -4.19 and a beta of 0.37.

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.