StockNews.com initiated coverage on shares of GigaMedia (NASDAQ:GIGM – Free Report) in a report published on Friday. The brokerage issued a sell rating on the technology company’s stock.
GigaMedia Stock Performance
Shares of GIGM opened at $1.52 on Friday. The business’s fifty day moving average price is $1.54 and its two-hundred day moving average price is $1.44. The firm has a market capitalization of $16.74 million, a price-to-earnings ratio of -4.21 and a beta of 0.37. GigaMedia has a 52 week low of $1.23 and a 52 week high of $1.80.
About GigaMedia
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