Headlines about SeaChange International (NASDAQ:SEAC) have been trending somewhat positive recently, Accern reports. Accern ranks the sentiment of media coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. SeaChange International earned a news impact score of 0.15 on Accern’s scale. Accern also gave press coverage about the software maker an impact score of 45.1415347848789 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.
SEAC stock traded down $0.14 during midday trading on Friday, hitting $2.82. The stock had a trading volume of 338,742 shares, compared to its average volume of 140,999. The company has a market capitalization of $105.09, a P/E ratio of -2.88 and a beta of 0.59. SeaChange International has a 52-week low of $2.20 and a 52-week high of $4.03.
Several research firms have recently commented on SEAC. Dougherty & Co boosted their price objective on SeaChange International from $4.00 to $4.50 and gave the company a “buy” rating in a report on Thursday, December 7th. Lake Street Capital upgraded SeaChange International from a “hold” rating to a “buy” rating and boosted their price objective for the company from $3.00 to $4.00 in a report on Thursday, December 7th. Finally, Zacks Investment Research upgraded SeaChange International from a “hold” rating to a “strong-buy” rating and set a $4.00 price objective for the company in a report on Wednesday, December 13th.
SeaChange International Company Profile
SeaChange International, Inc (SeaChange) is engaged in the delivery of multiscreen video. The Company’s products and services facilitate the aggregation, licensing, management and distribution of video and advertising content for cable television system operators, telecommunications companies, satellite operators and media companies.
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