StockNews.com started coverage on shares of GigaMedia (NASDAQ:GIGM – Free Report) in a research report sent to investors on Friday morning. The brokerage issued a sell rating on the technology company’s stock.
GigaMedia Stock Performance
NASDAQ:GIGM opened at $1.54 on Friday. The company has a market cap of $17.02 million, a price-to-earnings ratio of -4.28 and a beta of 0.35. The stock’s fifty day moving average price is $1.58 and its two-hundred day moving average price is $1.51. GigaMedia has a 52-week low of $1.26 and a 52-week high of $1.80.
GigaMedia (NASDAQ:GIGM – Get Free Report) last issued its quarterly earnings results on Friday, March 28th. The technology company reported ($0.04) earnings per share (EPS) for the quarter. The firm had revenue of $0.76 million 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.
Featured Articles
- Five stocks we like better than GigaMedia
- With Risk Tolerance, One Size Does Not Fit All
- JPMorgan is a Buy, if You Can Handle The Volatility
- Dividend King Proctor & Gamble Is A Buy On Post-Earnings Weakness
- United States Steel’s Crash: An Unmissable Buying Opportunity
- How to Calculate Stock Profit
- Rocket Lab Stock: Weathering the Storm, Time for a Comeback?
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.
