GigaMedia Limited (NASDAQ:GIGM – Get Free Report) passed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $1.37 and traded as high as $1.60. GigaMedia shares last traded at $1.58, with a volume of 42,721 shares traded.
Analyst Ratings Changes
Separately, StockNews.com started coverage on shares of GigaMedia in a report on Saturday. They issued a “sell” rating on the stock.
Check Out Our Latest Report on GigaMedia
GigaMedia Stock Performance
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.
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