StockNews.com initiated coverage on shares of GigaMedia (NASDAQ:GIGM – Free Report) in a research report sent to investors on Monday morning. The brokerage issued a sell rating on the technology company’s stock.
GigaMedia Price Performance
Shares of NASDAQ GIGM opened at $1.55 on Monday. The stock has a market capitalization of $17.08 million, a PE ratio of -4.29 and a beta of 0.36. GigaMedia has a fifty-two week low of $1.26 and a fifty-two week high of $1.80. The business has a fifty day moving average price of $1.59 and a two-hundred day moving average price of $1.54.
GigaMedia (NASDAQ:GIGM – Get Free Report) last issued its earnings results on Monday, May 5th. The technology company reported ($0.06) EPS for the quarter. GigaMedia had a negative net margin of 126.94% and a negative return on equity of 9.19%.
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.
Read More
- Five stocks we like better than GigaMedia
- Stock Market Upgrades: What Are They?
- Monster Beverage Stock: Short Report Risks vs Upside Potential
- How is Compound Interest Calculated?
- Onsemi Stock Confirms Bottom, But What’s the Upside?
- 3 Stocks to Consider Buying in October
- 3 Tech Leaders Announce Buybacks Totaling $85 Billion
Receive News & Ratings for GigaMedia Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for GigaMedia and related companies with MarketBeat.com's FREE daily email newsletter.
