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

StockNews.com started coverage on shares of GigaMedia (NASDAQ:GIGM) in a research note published on Thursday. The brokerage issued a sell rating on the technology company’s stock.

GigaMedia Trading Up 0.7 %

Shares of GIGM opened at $1.51 on Thursday. The company has a 50-day moving average of $1.54 and a two-hundred day moving average of $1.43. The stock has a market cap of $16.69 million, a P/E ratio of -4.19 and a beta of 0.37. GigaMedia has a 12-month low of $1.23 and a 12-month high of $1.80.

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.