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

Equities researchers at StockNews.com started coverage on shares of SeaChange International (NASDAQ:SEAC) in a note issued to investors on Sunday. The firm set a “hold” rating on the software maker’s stock.

SeaChange International Stock Performance

Shares of NASDAQ SEAC opened at $5.76 on Friday. The company’s 50 day simple moving average is $5.71 and its 200 day simple moving average is $6.23. SeaChange International has a fifty-two week low of $4.75 and a fifty-two week high of $7.30.

About SeaChange International

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.