SeaChange International (NASDAQ:SEAC) Share Price Crosses Above 200-Day Moving Average – Here’s What Happened

Shares of SeaChange International, Inc. (NASDAQ:SEAC) passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $6.48 and traded as high as $6.60. SeaChange International shares last traded at $6.50, with a volume of 5,054 shares changing hands.

Analysts Set New Price Targets

Separately, StockNews.com began coverage on shares of SeaChange International in a research note on Friday. They set a “hold” rating for the company.

SeaChange International Stock Down 0.9 %

The company’s 50 day simple moving average is $6.47 and its 200 day simple moving average is $6.48.

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.