Sigma Designs Inc. (SIGM) Soars 6.25% on March 05

Sigma Designs Inc. (SIGM) Soars 6.25% on March 05

Sigma Designs Inc. (SIGM) had a good day on the market for Tuesday March 05 as shares jumped 6.25% to close at $0.17. About 4,955 shares traded hands on 9 trades for the day, compared with an average daily volume of 39,139 shares out of a total float of 39.99 million. After opening the trading day at $0.16, shares of Sigma Designs Inc. stayed within a range of $0.18 to $0.16.

With today’s gains, Sigma Designs Inc. now has a market cap of $6.8 million. Shares of Sigma Designs Inc. have been trading within a range of $6.35 and $0.10 over the last year, and it had a 50-day SMA of $0.16 and a 200-day SMA of $2.11.

Sigma Designs Incorporated is a global integrated semiconductor solutions provider offering media platforms for use in the home entertainment and home control markets. Semiconductors are manufactured and developed by Sigma Designs for end-product manufacturers, original equipment manufacturers, and original design manufacturers. Revenue for the semiconductor company is also derived from technology licenses, software development kits, engineering support services, and engineering development. Target markets for Sigma Designs include Smart TV, Media Connectivity, Set-Top Box, and Internet of Things Devices. Products are offered worldwide through multiple channels, including direct sales force, manufacturer representative, and independent distributors.

Sigma Designs Inc. is based out of Fremont, CA and has some 409 employees.

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