StockNews.com began coverage on shares of GigaMedia (NASDAQ:GIGM – Get Free Report) in a report issued on Tuesday. The brokerage set a “sell” rating on the technology company’s stock.
GigaMedia Price Performance
NASDAQ GIGM opened at $1.60 on Tuesday. GigaMedia has a 12 month low of $1.23 and a 12 month high of $1.80. The company has a market capitalization of $17.63 million, a P/E ratio of -4.43 and a beta of 0.39. The company’s 50 day simple moving average is $1.57 and its 200 day simple moving average is $1.47.
GigaMedia Company Profile
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