StockNews.com Begins Coverage on GigaMedia (NASDAQ:GIGM)

Equities research analysts at StockNews.com started coverage on shares of GigaMedia (NASDAQ:GIGM – Get Free Report) in a research note issued to investors on Monday. The brokerage set a “sell” rating on the technology company’s stock. GigaMedia Stock Performance GIGM stock opened at $1.50 on Monday. The firm has a 50-day moving average of $1.39 [...]

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Equities research analysts at StockNews.com started coverage on shares of GigaMedia ( NASDAQ:GIGM – Get Free Report ) in a research note issued to investors on Monday. The brokerage set a “sell” rating on the technology company’s stock.

GigaMedia Stock Performance GIGM stock opened at $1.50 on Monday. The firm has a 50-day moving average of $1.



39 and a two-hundred day moving average of $1.34. GigaMedia has a 12 month low of $1.

23 and a 12 month high of $1.53. The company has a market cap of $16.

61 million, a price-to-earnings ratio of -4.17 and a beta of 0.37.

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