Shares of NASDAQ GIGM opened at $1.66 on Tuesday. The company’s 50 day moving average price is $1.86. GigaMedia has a 52-week low of $1.64 and a 52-week high of $3.34. The firm has a market capitalization of $18.34 million, a PE ratio of -5.19 and a beta of 0.22.
A hedge fund recently bought a new stake in GigaMedia stock. Susquehanna International Group LLP acquired a new stake in shares of GigaMedia Limited (NASDAQ:GIGM – Get Rating) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 16,054 shares of the technology company’s stock, valued at approximately $36,000. Susquehanna International Group LLP owned approximately 0.15% of GigaMedia as of its most recent SEC filing. 3.48% of the stock is currently owned by institutional investors and hedge funds.
GigaMedia Limited provides digital entertainment services in Taiwan and Hong Kong. The company operates FunTown, a digital entertainment portal that offers mobile and browser-based casual games through -branded platform. It 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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