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

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

GigaMedia Stock Down 0.3 %

NASDAQ:GIGM opened at $1.59 on Monday. The company has a fifty day moving average of $1.57 and a 200-day moving average of $1.47. The firm has a market capitalization of $17.52 million, a P/E ratio of -4.40 and a beta of 0.39. GigaMedia has a twelve month low of $1.23 and a twelve 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.