GigaMedia Limited (NASDAQ:GIGM – Get Free Report) crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $1.45 and traded as high as $1.53. GigaMedia shares last traded at $1.50, with a volume of 50,852 shares trading hands.
Analyst Ratings Changes
Separately, StockNews.com initiated coverage on GigaMedia in a report on Saturday. They set a “sell” rating on the stock.
View Our Latest Research Report on GIGM
GigaMedia Stock Down 1.3 %
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.
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