StockNews.com initiated coverage on shares of GigaMedia (NASDAQ:GIGM – Free Report) in a report issued on Wednesday. The firm issued a sell rating on the technology company’s stock.
GigaMedia Stock Performance
NASDAQ GIGM opened at $1.33 on Wednesday. The firm’s fifty day moving average is $1.30 and its two-hundred day moving average is $1.36. GigaMedia has a one year low of $1.23 and a one year high of $1.62. The firm has a market cap of $14.70 million, a PE ratio of -4.16 and a beta of 0.43.
GigaMedia (NASDAQ:GIGM – Get Free Report) last issued its quarterly earnings results on Friday, March 29th. The technology company reported ($0.19) earnings per share (EPS) for the quarter. GigaMedia had a negative net margin of 80.73% and a negative return on equity of 7.45%. The company had revenue of $0.87 million during the quarter.
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.
Read More
- Five stocks we like better than GigaMedia
- What is the Euro STOXX 50 Index?
- High-Yield Texas Instruments Could Hit New Highs Soon
- Best Aerospace Stocks Investing
- Pagaya Technologies: An AI Fintech That Insiders Are Buying
- Why is the Ex-Dividend Date Significant to Investors?
- Higher Oil Prices Could Give NextEra’s Stock Earnings a Boost
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.
