GigaMedia (NASDAQ:GIGM) Earns Sell Rating from Analysts at StockNews.com

StockNews.com began coverage on shares of GigaMedia (NASDAQ:GIGM) in a research report released on Tuesday. The firm issued a sell rating on the technology company’s stock.

GigaMedia Trading Up 0.7 %

Shares of GigaMedia stock opened at $1.46 on Tuesday. GigaMedia has a 12-month low of $1.23 and a 12-month high of $1.53. The firm’s 50 day simple moving average is $1.42 and its two-hundred day simple moving average is $1.35. The firm has a market capitalization of $16.14 million, a price-to-earnings ratio of -4.06 and a beta of 0.37.

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.