SeaChange International (NASDAQ:SEAC) Coverage Initiated at StockNews.com

Equities researchers at StockNews.com assumed coverage on shares of SeaChange International (NASDAQ:SEAC) in a research report issued to clients and investors on Wednesday. The brokerage set a “hold” rating on the software maker’s stock.

SeaChange International Trading Up 29.4 %

Shares of NASDAQ:SEAC opened at $5.50 on Wednesday. SeaChange International has a 1 year low of $1.50 and a 1 year high of $9.50. The business has a fifty day simple moving average of $3.57 and a 200 day simple moving average of $3.17. The firm has a market cap of $14.36 million, a price-to-earnings ratio of -1.49 and a beta of 0.98.

SeaChange International Company Profile

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.