SeaChange International Inc. (NASDAQ:SEAC) went up by 7.43% from its latest closing price compared to the recent 1-year high of $3.44. The company’s stock price has collected -8.62% of loss in the last five trading sessions. Press Release reported 11 hours ago that Halper Sadeh LLP Investigates GFED, SLRC, SUNS, MIME, SEAC; Shareholders are Encouraged to Contact the Firm
Is It Worth Investing in SeaChange International Inc. (NASDAQ :SEAC) Right Now?
Plus, the 36-month beta value for SEAC is at 1.04.
SEAC currently public float of 39.98M and currently shorts hold a 9.76% ratio of that float. Today, the average trading volume of SEAC was 12.25M shares.
SEAC’s Market Performance
SEAC stocks went down by -8.62% for the week, with a monthly jump of 116.15% and a quarterly performance of 55.88%, while its annual performance rate touched 32.50%. The volatility ratio for the week stands at 10.93% while the volatility levels for the past 30 days are set at 26.33% for SeaChange International Inc.. The simple moving average for the period of the last 20 days is -3.05% for SEAC stocks with a simple moving average of 40.78% for the last 200 days.
Analysts’ Opinion of SEAC
Lake Street gave a rating of “Buy” to SEAC, setting the target price at $4 in the report published on December 07th of the previous year.
SEAC Trading at 37.55% from the 50-Day Moving Average
After a stumble in the market that brought SEAC to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -53.78% of loss for the given period.
Volatility was left at 26.33%, however, over the last 30 days, the volatility rate increased by 10.93%, as shares surge +111.52% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +71.15% upper at present.
During the last 5 trading sessions, SEAC fell by -8.62%, which changed the moving average for the period of 200-days by +54.37% in comparison to the 20-day moving average, which settled at $1.6820. In addition, SeaChange International Inc. saw -0.62% in overturn over a single year, with a tendency to cut further losses.
Reports are indicating that there were more than several insider trading activities at SEAC starting from PONS ROBERT M, who purchase 100,000 shares at the price of $1.06 back on Jun 21. After this action, PONS ROBERT M now owns 507,815 shares of SeaChange International Inc., valued at $106,000 using the latest closing price.
PONS ROBERT M, the Executive Chairman of SeaChange International Inc., purchase 100,000 shares at $1.04 during a trade that took place back on Apr 19, which means that PONS ROBERT M is holding 407,815 shares at $104,000 based on the most recent closing price.
Stock Fundamentals for SEAC
Equity return is now at value -24.70, with -18.40 for asset returns.