GigaMedia (NASDAQ:GIGM) Research Coverage Started at StockNews.com

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

GigaMedia Trading Up 1.3 %

GigaMedia stock opened at $1.52 on Friday. GigaMedia has a 1-year low of $1.23 and a 1-year high of $1.80. The firm has a market capitalization of $16.80 million, a price-to-earnings ratio of -4.22 and a beta of 0.37. The firm has a 50 day simple moving average of $1.55 and a 200 day simple moving average of $1.45.

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.