StockNews.com Initiates Coverage on SeaChange International (NASDAQ:SEAC)

Equities research analysts at StockNews.com started coverage on shares of SeaChange International (NASDAQ:SEAC) in a note issued to investors on Thursday. The firm set a “hold” rating on the software maker’s stock.

SeaChange International Stock Performance

NASDAQ:SEAC remained flat at $5.00 on Thursday. The company’s stock had a trading volume of 139 shares, compared to its average volume of 1,321. The firm’s 50-day simple moving average is $3.97 and its 200-day simple moving average is $3.18. The firm has a market capitalization of $13.05 million, a P/E ratio of -1.36 and a beta of 0.92. SeaChange International has a 52 week low of $1.50 and a 52 week high of $9.50.

About SeaChange International

SeaChange International, Inc provides video delivery, advertising, streaming platforms, and emerging Free Ad-Supported Streaming TV (FAST) products and services that facilitate the aggregation, licensing, management and distribution of video and advertising content worldwide. It offers Operator TV Platform solutions including customer's current network with OTT video management solutions in a single deployment, digital video broadcasting – cable / quadrature amplitude modulation networks with OTT streaming, and immersive multiscreen experience and on demand services, as well as pre-integrated solutions, such as multi-content delivery networks including Broadpeak, Edgeware and HBO, multidigital rights management, and seamless integration with existing network components.