SeaChange International Inc. (SEAC) is soaring on the charts today, up 8.39% to trade at $1.55 at last check in premarket trading. On Friday, shares in SeaChange International Inc. rise 0.70% to close the day at $1.43. The volume of shares traded was 11.58 million, which is higher than the average volume over the last three months of 10.25 million. During the trading session, the stock oscillated between $1.385 and $1.52. The company had an earnings per share ratio of -0.47. SEAC’s stock has lost -7.74% of its value in the previous five sessions and moved 22.22% over the past one month, but has gained 2.14% on year-to-date basis.
3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Additionally, The stock’s 50-day moving average of $1.2963 is above the 200-day moving average of $1.1714, with the stock currently trading at an RSI of 52.21.
Even if you’re not actively in crypto, you deserve to know what’s actually going on...
Because while leading assets such as Bitcoin (BTC) and Ethereum (ETH) are climbing in value, a select group of public “crypto stocks” are surging right along with them. More importantly, these stocks are outpacing the returns these leading crypto assets aren already producing.
Click here to get the full story… along with our long list of backdoor Bitcoin strategies. It’s free. .
SeaChange International (SEAC) a global, public supplier of video delivery software and platform announced to release its Fourth Quarter Fiscal report on 13th April 2021. SEAC stock initially saw a 7.74% decline in the last 5 trading sessions, however gained 17.48% premarket, following the news.
About SeaChange International (SEAC)
SeaChange International (NASDAQ: SEAC) provides various platforms with live TV and video on demand (VOD) for millions of global customers. SEAC end-to-end solution also allows operators and content owners to establish direct-to-consumer video streaming services at a reduced cost, to oversee and capitalize the mainstream content with high demand, among all crucial streaming platforms such as Smart-TVs, mobile devices, and Set-Top-Boxes.
Furthermore, savvy announcements by SEAC such as securing a contract worth several million with one of the most expansive broadband services and pricing an underwritten public offering of 10,323,484 shares establishing gross proceeds of $19.1M for the company has further raised investor interest.
SEAC expansion in to direct to consumer video streaming services as well as lucrative contracts and raising huge capital has a better than anticipated outlook for the current quarter with investors expecting a financial surplus in their report for the fourth quarter on April 13th ’21.