StockNews.com started coverage on shares of GigaMedia (NASDAQ:GIGM – Free Report) in a research note published on Thursday. The firm issued a sell rating on the technology company’s stock.
GigaMedia Stock Up 0.0 %
NASDAQ GIGM opened at $1.30 on Thursday. The stock’s 50 day moving average is $1.33 and its 200 day moving average is $1.34. The firm has a market capitalization of $14.37 million, a PE ratio of -3.51 and a beta of 0.39. GigaMedia has a twelve month low of $1.23 and a twelve month high of $1.56.
GigaMedia (NASDAQ:GIGM – Get Free Report) last issued its quarterly earnings results on Friday, May 3rd. The technology company reported ($0.08) earnings per share (EPS) for the quarter. The business had revenue of $0.73 million for the quarter. GigaMedia had a negative net margin of 109.81% and a negative return on equity of 8.94%.
GigaMedia Company Profile
GigaMedia Limited, together with its subsidiaries, provides digital entertainment services in Taiwan and Hong Kong. It operates FunTown, a digital entertainment portal that offers mobile and browser-based casual games through branded platform. The company offers MahJong, a traditional Chinese tile-based game; casual card and table games; online card games; and chance-based games, including bingo, lotto, horse racing, Sic-Bo, slots, and various casual games.
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