Shares of SeaChange International (NASDAQ:SEAC) crossed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $2.26 and traded as high as $3.85. SeaChange International shares last traded at $3.77, with a volume of 9,709 shares.
SEAC has been the topic of several recent analyst reports. Zacks Investment Research upgraded shares of SeaChange International from a “hold” rating to a “buy” rating and set a $3.00 price objective on the stock in a report on Saturday, September 7th. ValuEngine lowered shares of SeaChange International from a “buy” rating to a “hold” rating in a report on Thursday, September 5th.
The company’s fifty day moving average is $3.18 and its 200 day moving average is $2.26. The company has a quick ratio of 1.89, a current ratio of 1.90 and a debt-to-equity ratio of 0.03. The stock has a market cap of $128.39 million, a PE ratio of -9.28 and a beta of 0.91.
About SeaChange International (NASDAQ:SEAC)
SeaChange International, Inc provides multiscreen, advertising, and premium over the top (OTT) video products and services that facilitate the aggregation, licensing, management, and distribution of video and television advertising content worldwide. It offers video products, including SeaChange Adrenalin, a multiscreen video back office platform that enables service providers to manage, monetize, and deliver a seamless viewing experience across televisions, personal computers (PCs), tablets, smartphones, and other IP-enabled devices; and SeaChange AssetFlow, a content management solution, which is used to receive, manage, and publish content for viewing on televisions, tablets, PCs, and other consumer devices, as well as SeaChange Rave, an integrated platform.
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