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

StockNews.com initiated coverage on shares of SeaChange International (NASDAQ:SEAC) in a research note published on Friday. The brokerage issued a hold rating on the software maker’s stock.

SeaChange International Price Performance

SEAC opened at $5.20 on Friday. The company has a market capitalization of $14.09 million, a price-to-earnings ratio of -1.41 and a beta of 0.94. The business’s 50-day moving average price is $5.69 and its two-hundred day moving average price is $4.04. SeaChange International has a 1 year low of $1.50 and a 1 year high of $8.34.

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.