SeaChange International (SEAC) Given Media Sentiment Rating of 0.21
News headlines about SeaChange International (NASDAQ:SEAC) have trended somewhat positive on Monday, Accern Sentiment reports. The research group identifies positive and negative press coverage by monitoring more than 20 million blog and news 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 coverage optimism score of 0.21 on Accern’s scale. Accern also gave news coverage about the software maker an impact score of 45.6307589848292 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
Shares of SeaChange International (NASDAQ:SEAC) traded down $0.15 during midday trading on Monday, hitting $3.09. 133,763 shares of the stock traded hands, compared to its average volume of 367,009. The company has a market cap of $115.03, a price-to-earnings ratio of -3.15 and a beta of 0.55. SeaChange International has a one year low of $2.16 and a one year high of $4.03.
SeaChange International (NASDAQ:SEAC) last issued its earnings results on Wednesday, December 6th. The software maker reported $0.09 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.01 by $0.08. The company had revenue of $23.43 million for the quarter, compared to analyst estimates of $19.50 million. SeaChange International had a negative net margin of 42.52% and a negative return on equity of 5.91%. The company’s revenue for the quarter was up 17.4% on a year-over-year basis. During the same quarter last year, the firm earned ($0.13) EPS. analysts predict that SeaChange International will post 0.03 earnings per share for the current fiscal year.
In other news, insider Opportunities Fund Lp Se Viex sold 648,735 shares of the firm’s stock in a transaction dated Thursday, December 7th. The shares were sold at an average price of $3.50, for a total value of $2,270,572.50. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. 2.90% of the stock is currently owned by company insiders.
COPYRIGHT VIOLATION NOTICE: “SeaChange International (SEAC) Given Media Sentiment Rating of 0.21” was originally reported by TheOlympiaReport and is the sole property of of TheOlympiaReport. If you are reading this report on another site, it was illegally copied and republished in violation of US & international copyright legislation. The correct version of this report can be viewed at https://theolympiareport.com/2018/02/12/seachange-international-seac-given-media-sentiment-rating-of-0-21.html.
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.
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 MarketBeat.com's FREE daily email newsletter.