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

Stock analysts at StockNews.com assumed coverage on shares of GigaMedia (NASDAQ:GIGM) in a report issued on Monday. The firm set a “sell” rating on the technology company’s stock.

GigaMedia Stock Performance

Shares of GIGM opened at $1.50 on Monday. The firm has a market capitalization of $16.58 million, a price-to-earnings ratio of -4.17 and a beta of 0.37. GigaMedia has a one year low of $1.23 and a one year high of $1.53. The stock’s fifty day moving average is $1.39 and its 200-day moving average is $1.34.

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.