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

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

SeaChange International Stock Performance

Shares of SEAC opened at $6.80 on Friday. SeaChange International has a 52 week low of $1.50 and a 52 week high of $7.30. The stock has a fifty day moving average of $6.57 and a 200-day moving average of $6.57.

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.