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

StockNews.com initiated coverage on shares of SeaChange International (NASDAQ:SEAC) in a research report sent to investors on Sunday. The firm issued a hold rating on the software maker’s stock.

SeaChange International Stock Performance

Shares of NASDAQ SEAC opened at $6.65 on Friday. The firm has a 50 day moving average of $5.95 and a 200 day moving average of $4.32. The firm has a market capitalization of $16.82 million, a price-to-earnings ratio of -1.81 and a beta of 0.94. SeaChange International has a 12-month low of $1.50 and a 12-month high of $8.23.

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.