SeaChange International (NASDAQ:SEAC) Stock Price Passes Above 200-Day Moving Average of $3.20

SeaChange International, Inc. (NASDAQ:SEAC) crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $3.20 and traded as high as $5.10. SeaChange International shares last traded at $5.10, with a volume of 136 shares trading hands.

Analysts Set New Price Targets

Separately, StockNews.com initiated coverage on shares of SeaChange International in a report on Thursday, May 2nd. They set a “hold” rating on the stock.

SeaChange International Stock Up 2.0 %

The stock’s fifty day simple moving average is $4.24 and its two-hundred day simple moving average is $3.20. The firm has a market cap of $13.32 million, a PE ratio of -1.39 and a beta of 0.98.

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.