Analysts at StockNews.com started coverage on shares of GigaMedia (NASDAQ:GIGM – Get Free Report) in a research note issued to investors on Sunday. The firm set a “sell” rating on the technology company’s stock.
GigaMedia Stock Down 1.3 %
Shares of GigaMedia stock opened at $1.51 on Friday. The stock’s fifty day moving average is $1.37 and its 200-day moving average is $1.34. The firm has a market capitalization of $16.69 million, a PE ratio of -4.19 and a beta of 0.37. GigaMedia has a 12-month low of $1.23 and a 12-month high of $1.53.
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