Research analysts at StockNews.com initiated coverage on shares of GigaMedia (NASDAQ:GIGM – Get Free Report) in a research report issued on Friday. The firm set a “sell” rating on the technology company’s stock.
GigaMedia Trading Up 1.3 %
GigaMedia stock opened at $1.56 on Friday. GigaMedia has a 12-month low of $1.26 and a 12-month high of $1.80. The firm has a 50-day moving average price of $1.58 and a 200-day moving average price of $1.51. The firm has a market capitalization of $17.24 million, a PE ratio of -4.33 and a beta of 0.35.
GigaMedia (NASDAQ:GIGM – Get Free Report) last announced its quarterly earnings data on Friday, March 28th. The technology company reported ($0.04) earnings per share (EPS) for the quarter. The firm had revenue of $0.76 million during the quarter. GigaMedia had a negative return on equity of 9.19% and a negative net margin of 126.94%.
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.
Featured Stories
- Five stocks we like better than GigaMedia
- Most Volatile Stocks, What Investors Need to Know
- Joby Aviation: Operational Momentum vs. Market Sentiment
- Trading Stocks: RSI and Why it’s Useful
- Broadcom’s Big Outperformance Shows Strength Amid Tariff Decline
- What Are Some of the Best Large-Cap Stocks to Buy?
- Carvana: Can Turnaround Strength Outdrive Market Headwinds?
Receive News & Ratings for GigaMedia Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for GigaMedia and related companies with MarketBeat.com's FREE daily email newsletter.
