GigaMedia Limited (NASDAQ:GIGM – Get Free Report) crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $1.49 and traded as high as $1.78. GigaMedia shares last traded at $1.74, with a volume of 63,459 shares traded.
Wall Street Analyst Weigh In
Separately, StockNews.com started coverage on shares of GigaMedia in a research report on Wednesday. They issued a “sell” rating on the stock.
Check Out Our Latest Stock Report on GigaMedia
GigaMedia Stock Up 7.1 %
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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