GigaMedia (GIGM) Stock Forecast, Price & News

GigaMedia's stock was trading at $1.21 on January 1st, 2023. Since then, GIGM shares have increased by 19.1% and is now trading at $1.4412.
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GigaMedia saw a drop in short interest in May. As of May 15th, there was short interest totaling 4,900 shares, a drop of 81.6% from the April 30th total of 26,600 shares. Based on an average daily trading volume, of 14,200 shares, the days-to-cover ratio is presently 0.3 days. Currently, 0.1% of the shares of the stock are short sold.
View GigaMedia's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Friday, August 4th 2023.
View our GIGM earnings forecast.

GigaMedia Limited (NASDAQ:GIGM) announced its quarterly earnings data on Tuesday, October, 31st. The technology company reported ($0.01) earnings per share for the quarter. The technology company had revenue of $2.30 million for the quarter. GigaMedia had a negative net margin of 42.37% and a negative trailing twelve-month return on equity of 4.66%.

Based on aggregate information from My MarketBeat watchlists, some companies that other GigaMedia investors own include Riot Platforms (RIOT), Enphase Energy (ENPH), NVIDIA (NVDA), Acasti Pharma (ACST), Marvell Technology (MRVL), OPKO Health (OPK), Allena Pharmaceuticals (ALNA), Amyris (AMRS), BIOLASE (BIOL) and Digirad (DRAD).

GigaMedia trades on the NASDAQ under the ticker symbol "GIGM."

GigaMedia's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Susquehanna International Group LLP (0.24%).
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Shares of GIGM stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of GIGM stock can currently be purchased for approximately $1.44.

GigaMedia (NASDAQ:GIGM) has a market capitalization of $15.93 million and generates $5.36 million in revenue each year. The technology company earns $-2,750,000.00 in net income (profit) each year or ($0.21) on an earnings per share basis.

The company employs 135 workers across the globe.

GigaMedia's mailing address is 8 TH FLOOR NO. 22 LANE 407 SECTION 2 TIDING BOULEVARD, TAIPEI F5, . The official website for the company is www.gigamedia.com. The technology company can be reached via phone at 886226568000, via email at ir@gigamedia.com, or via fax at 886-2-2656-8003.