Guggenheim Enhanced Equity Income Fund (GPM) Reaches $8.85 Formed H&S; Sigma Designs (SIGM)’s Sentiment Is 2.04

Sigma Designs, Inc. provides integrated system-on-chip solutions and intelligent platforms for use in various home entertainment and home control appliances. The company has market cap of $232.59 million. The companyÂ’s media processor product line includes a range of platforms that are based on integrated chips, embedded software, and hardware reference designs. It currently has negative earnings. The Company’s media connectivity product line comprises wired home networking controller chipsets that provide connectivity solutions between various home entertainment products and incoming video streams.

Guggenheim Enhanced Equity Income Fund (GPM) formed H&S with $8.14 target or 8.00% below today’s $8.85 share price. Guggenheim Enhanced Equity Income Fund (GPM) has $425.13 million valuation. The stock increased 0.92% or $0.08 during the last trading session, reaching $8.85. About 82,183 shares traded. Guggenheim Enhanced Equity Income Fund (NYSE:GPM) has risen 11.53% since March 7, 2017 and is uptrending. It has underperformed by 5.17% the S&P500.

Ratings analysis reveals 25% of Sigma Designs’s analysts are positive. Out of 4 Wall Street analysts rating Sigma Designs, 1 give it “Buy”, 1 “Sell” rating, while 2 recommend “Hold”. The lowest target is $7.0 while the high is $10.0. The stock’s average target of $8.50 is 39.34% above today’s ($6.1) share price. SIGM was included in 4 notes of analysts from September 8, 2016. The rating was downgraded by Needham on Wednesday, December 7 to “Hold”. The firm has “Sell” rating given on Thursday, September 8 by BWS Financial. The rating was maintained by Benchmark with “Buy” on Wednesday, December 7. The stock of Sigma Designs, Inc. (NASDAQ:SIGM) has “Hold” rating given on Wednesday, December 7 by Lake Street.

It closed at $6.1 lastly. It is down 5.38% since March 7, 2017 and is downtrending. It has underperformed by 22.08% the S&P500.

Soros Fund Management Llc holds 0.77% of its portfolio in Sigma Designs, Inc. for 5.12 million shares. Ironwood Investment Management Llc owns 97,058 shares or 0.43% of their US portfolio. Moreover, Menta Capital Llc has 0.13% invested in the company for 143,685 shares. The New York-based Boothbay Fund Management Llc has invested 0.04% in the stock. Jacobs Levy Equity Management Inc, a New Jersey-based fund reported 355,925 shares.

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