SeaChange International (NASDAQ:SEAC) Share Price Crosses Above Two Hundred Day Moving Average of $5.23

SeaChange International, Inc. (NASDAQ:SEAC) shares passed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $5.23 and traded as high as $6.85. SeaChange International shares last traded at $6.76, with a volume of 1,461 shares traded.

Analysts Set New Price Targets

Separately, StockNews.com began coverage on shares of SeaChange International in a research report on Saturday. They set a “hold” rating on the stock.

SeaChange International Stock Up 0.1 %

The stock has a fifty day simple moving average of $6.35 and a 200 day simple moving average of $5.23. The firm has a market capitalization of $15.82 million, a P/E ratio of -1.84 and a beta of 0.97.

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.