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

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

GigaMedia Stock Up 0.6 %

Shares of GIGM stock opened at $1.60 on Tuesday. The stock has a market cap of $17.68 million, a price-to-earnings ratio of -4.44 and a beta of 0.39. The business’s fifty day moving average is $1.57 and its 200 day moving average is $1.48. 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.