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

StockNews.com started coverage on shares of GigaMedia (NASDAQ:GIGM) in a report released on Sunday. The firm issued a sell rating on the technology company’s stock.

GigaMedia Trading Down 0.3 %

GIGM stock opened at $1.50 on Friday. The stock has a 50-day moving average price of $1.48 and a two-hundred day moving average price of $1.38. GigaMedia has a 1 year low of $1.23 and a 1 year high of $1.60. The stock has a market cap of $16.53 million, a PE ratio of -4.15 and a beta of 0.37.

About GigaMedia

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.