SeaChange International (NASDAQ:SEAC) Coverage Initiated at StockNews.com

StockNews.com started coverage on shares of SeaChange International (NASDAQ:SEAC) in a research report issued on Saturday. The brokerage set a “hold” rating on the software maker’s stock.

SeaChange International Stock Performance

Shares of NASDAQ:SEAC opened at $5.00 on Friday. The firm’s 50 day moving average price is $5.86 and its 200-day moving average price is $6.30. SeaChange International has a twelve month low of $4.25 and a twelve month high of $7.30.

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.