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

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

SeaChange International Price Performance

Shares of SEAC opened at $6.51 on Friday. SeaChange International has a one year low of $1.50 and a one year high of $7.30. The business’s 50 day simple moving average is $6.58 and its 200-day simple moving average is $6.21.

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.