Share on StockTwits

SeaChange International (NASDAQ:SEAC) issued its quarterly earnings data on Thursday. The company reported ($0.08) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.18) by $0.10, Analyst Ratings Network reports.

On the ratings front, analysts at Brean Capital cut their price target on shares of SeaChange International from $14.00 to $11.00 in a research note on Friday, June 6th. They now have a “buy” rating on the stock. Two investment analysts have rated the stock with a hold rating, two have assigned a buy rating and one has given a strong buy rating to the stock. The company presently has a consensus rating of “Buy” and an average target price of $19.00.

Shares of SeaChange International (NASDAQ:SEAC) traded up 5.33% during mid-day trading on Thursday, hitting $7.90. 263,461 shares of the company’s stock traded hands. SeaChange International has a one year low of $7.17 and a one year high of $15.25. The stock has a 50-day moving average of $7.59 and a 200-day moving average of $9.03. The company’s market cap is $259.3 million.

SeaChange International, Inc (NASDAQ:SEAC) is engaged in the delivery of multi-screen video.

Receive News & Ratings for SeaChange International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SeaChange International and related companies with Analyst Ratings Network's FREE daily email newsletter.