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

Posted by on Nov 5th, 2024

StockNews.com initiated coverage on shares of GigaMedia (NASDAQ:GIGM – Free Report) in a report issued on Saturday. The firm issued a sell rating on the technology company’s stock.

GigaMedia Stock Performance

GigaMedia stock opened at $1.44 on Friday. The firm’s 50 day moving average price is $1.36 and its two-hundred day moving average price is $1.33. The firm has a market cap of $15.91 million, a PE ratio of -4.00 and a beta of 0.37. GigaMedia has a twelve month low of $1.23 and a twelve month high of $1.50.

GigaMedia Company Profile

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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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