StockNews.com started coverage on shares of GigaMedia (NASDAQ:GIGM – Free Report) in a research note released on Wednesday morning. The brokerage issued a sell rating on the technology company’s stock.
GigaMedia Trading Down 2.2 %
GIGM opened at $1.31 on Wednesday. The company’s 50 day moving average is $1.30 and its 200 day moving average is $1.32. The company has a market cap of $14.48 million, a price-to-earnings ratio of -3.54 and a beta of 0.39. GigaMedia has a 12-month low of $1.23 and a 12-month high of $1.50.
About GigaMedia
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