Growth stock at affordable price: GigaMedia Limited (GIGM)

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Roth Capital lowered the price target for the GigaMedia Limited (NASDAQ:GIGM) stock from “a Buy” to “a Hold”. The rating was released on December 22, 2009. We previously noted in another research note published on May 01, 2009 by Brean Murray that downgraded the stock from a Buy to a Hold for GIGM stock. The research report from Roth Capital has reiterated the stock to Buy, with a price target set at $9. The stock was reiterated by Brean Murray, who disclosed in a research note on November 19, 2008, to Buy and set the price objective to $8. In their research brief published October 07, 2008, Brean Murray analysts reiterated the GigaMedia Limited stock to Buy with a price target of $12.

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The latest trade, Performances and Moving Averages give us the following Picture

The share price of GigaMedia Limited (NASDAQ:GIGM) dipped -7.20% to close Thursday’s market session at $4.51, lower as compared to yesterday’s close. The stock price fluctuated between $3.87 and $5.56 throughout the trading session with the volume trading being 7841790 shares, which represented a significant variation when compared to the three months average volume of 586.71K shares. The firm’s stock price fluctuated 19.95% within the last five trades and 25.28% within the last 30 trades, which was a significant change from the beginning of this year. Despite the fact that the share price increased 55.52% in the last 6 months and 52.88% was added to its value over the previous 3 months. GIGM stock is trading at a margin of 26.45%, 26.50% and 47.21% apart from the 20-Day, 50-Day and 200-Day Simple Moving Average prices.

As of the close of trading, GIGM deals in the Communication Services domain. The stock is trading -7.96 percent below its 52-week high and 113.66 percent above its 52-week low. For example, looking both at the price and the high and low measurements of 52 weeks will give you a clearer picture of the direction the price is heading. The firm’s Weighted Alpha is 90.43. A positive weighted alpha indicates the firm has done well over the course of the year, whereas one below 0 indicates that the firm has done poorly.

What Does GigaMedia Limited’s Profitability and Valuation Ratios Tell Us About the Stock?

With regard to the profitability of the company, the operating margin is currently at -28.80 percent and the profit margin is -17.60 percent, and the company has reported a gross margin of 59.30 percent. The profit margin, also known as the revenue ratio or gross profit ratio, is an efficiency figure used to estimate the business’s profitability by comparing net income and sales. The higher the number, the more profits are generated for the company and vice versa.

The stock’s market cap achieved a total value of $50.15 million as of the last trading session. Market capitalization is the total value of all outstanding shares of a corporation and it is used to measure a company’s market value. The stock has achieved an effective Price-to-Sales Ratio of 7.16 that mirrors the cost to be found for sales by the market. The firm managed a Price-to-Book ratio of 0.91, which equates the market value of a stock with its book value.

Is Insider Trading a Real Thing?

Almost all investors and traders prefer to invest in shares controlled by the management of a corporation as a management company will be more likely to run the business itself and to never conduct things against the management’s desires and will always try to do what is best for their shareholders. Currently, 39.40 percent of GigaMedia Limited shares are owned by insiders, and 4.70 percent are held by financial institutions. Huang Cheng-Ming, the CEO at GigaMedia Limited (GIGM) has bought 5,783 shares of firm on Sep 23 at a price of $2.91 against the total amount of $16842.0. In another inside trade, Huang Cheng-Ming, CEO of GigaMedia Limited (NASDAQ:GIGM) bought 15,787 shares of the firm on Sep 22 for a total worth of $45451.0 at a price of $2.88. An inside trade which took place on Sep 09, CEO of GigaMedia Limited Huang Cheng-Ming bought 7,470 shares of firm against total price of $21765.0 at the cost of $2.91 per share.

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