GigaMedia Limited (NASDAQ:GIGM – Get Free Report)’s stock price passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $1.49 and traded as high as $1.78. GigaMedia shares last traded at $1.74, with a volume of 63,459 shares trading hands.
Analyst Ratings Changes
Separately, StockNews.com assumed coverage on GigaMedia in a research report on Wednesday. They set a “sell” rating on the stock.
Read Our Latest Stock Analysis on GIGM
GigaMedia Stock Performance
About GigaMedia
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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