SeaChange International (NASDAQ:SEAC) Share Price Passes 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.

Wall Street Analysts Forecast Growth

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

SeaChange International Price Performance

The company has a market capitalization of $15.82 million, a P/E ratio of -1.84 and a beta of 0.97. The firm’s 50-day moving average is $6.35 and its 200-day moving average is $5.23.

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.