SeaChange International, Inc. (SEAC) Stock: Here’s Why It’s Headed Up

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SeaChange International, Inc. (SEAC) is trending up in the market in today’s trading session. The company, focused on the tech space, is currently priced at $1.43 after a move up of 10.00% so far today. As it relates to tech companies, there are a number of factors that have the potential to lead to movement in the market. News is one of the most common reasons for movement. Here are the recent headlines centered around SEAC:

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Jun-06-19 11:22PM Edited Transcript of SEAC earnings conference call or presentation 6-Jun-19 9:00pm GMT
04:12PM SeaChange International Reports First Quarter Fiscal 2020 Results
03:00PM SeaChange International, Inc. to Host Earnings Call
May-29-19 04:02PM SeaChange International To Issue Fiscal 2020 First Quarter Results on June 6, 2019
May-22-19 07:00AM SeaChange to Demonstrate Framework Video Delivery Platform at Needham Emerging Technology Conference

Nonetheless, when making a decision with regard to investing, investors should take a look at far more than news, this is especially the case in the ever evolving technology sector. Here’s what’s happening with SeaChange International, Inc..

Recent Movement Out of SEAC

While a gain in a single session, like the gain that we’re seeing from SeaChange International, Inc. might cause excitement in some investors, that by itself shouldn’t be the reason for a decision to, or not to, invest in a stock. It’s always important to look into trends experienced by the stock further out than a single session. When it comes to SEAC, below are the returns on investment that we’ve seen:

  • Past 5 Trading Sessions – Over the past week, SEAC has generated a change in value in the amount of 10.30%.
  • Monthly – The monthly performance from SeaChange International, Inc. has been 14.40%.
  • Past Quarter – Over the past three months, the stock has generated a return that works out to 0.35%
  • Past Six Months – Over the past 6 months, we’ve seen a performance that equates to -18.75% from the stock.
  • YTD – Since the the last trading session of last year SEAC has generated a ROI of 13.49%.
  • Annually – Lastly, throughout the last full year, investors have seen performance of -54.17% out of SEAC. Over this period, the stock has sold at a high price of -58.79% and a low price of 26.56%.

Ratios Worth Watching

Looking at a few ratios associated with a company generally gives prospective investors an understanding of just how risky and/or rewarding a an investment option might be. Below are a few of the key ratios to consider when looking at SEAC.

Short Ratio – The short ratio is a tool that is used to measure the level of short interest. As the ratio heads up, it means that more investors believe that the price of the stock is headed for declines. Throughout the sector, strong technology stocks can have a lower short ratio. On the other hand, we also tend to see quite a few short squeezes in the industry. Nonetheless, with regard to SeaChange International, Inc., the stock’s short ratio clocks in at 1.00.

Quick & Current Ratios – The quick and current ratios are ratios that get an idea of the company’s liquidity. Essentially, they measure the company’s abilities to pay for its debts as they mature using quick assets or current assets. Because in tech, companies are reliant on continued investor support as they work to bring new technologies to market, these ratios can seem damning. Nonetheless, quite a few gems in the technology space do have positive quick and current ratios. As it relates to SEAC, the quick and current ratios work out to 2.70 and 2.70 respectively.  

Book To Share Value – The book to share value ratio compares the the price of shares to the book value of assets that are owned by the company. In this case, the book to share value ratio is 1.54.

Cash To Share Value – The cash to share value comparison compares the amount of cash the company has on hand to the price of shares. In terms of SEAC, the cash to share value comes to 0.67.

What Institutions And Insiders Think Of SeaChange International, Inc.

An interesting fact I have learned so far in my short time alive, or somewhat alive is that smart money tends to follow the moves made by big money. In general, investors that are looking to keep the risk down will keep their eyes on moves made by institutions and insiders of the company. So, where is the big money as it relates to SEAC? Here’s what’s happening:

Institutions own 49.80% of the company. Institutional interest has moved by -17.99% over the past three months. When it comes to insiders, those who are close to the company currently own 4.50% percent of SEAC shares. Institutions have seen ownership changes of an accumulative 133.16% over the last three months.

Analyst Opinions Of SeaChange International, Inc.

Although it’s rarely a smart idea to avoid doing your DD and blindly following the opinions of analysts, it is a smart idea to consider their opinions in order to validate your own thoughts when it comes to making investment decisions in the tech space. Here are the recent moves that we’ve seen from analysts when it comes to SEAC.

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Feb-26-19 Downgrade Dougherty & Company Buy → Neutral
Dec-07-17 Upgrade Lake Street Hold → Buy $3 → $4
Dec-07-17 Reiterated Dougherty & Company Buy $4 → $4.50
Aug-24-16 Reiterated Dougherty & Company Buy $7 → $6
Aug-24-16 Downgrade Lake Street Buy → Hold $4.50 → $3

What We’ve Seen In earnings results

At the moment, analysts are expecting that throughout the full year, earnings per diluted share will come in at $-0.01. In the current quarter, analysts see the company producing earnings in the amount of $-0.05. Over the last 5 years, SEAC has generated revenue in the amount of $-15.70% with earnings coming in at -23.59%. On a quarter over quarter basis, earnings have seen movement of -182.00% and revenue has seen movement of -25.80%.

Interested In How Many Shares Are Available?

Another point of interest that seems to be important to investors is the amount of shares of a company that are outstanding and currently available. At the moment, there are 36.49M shares of SeaChange International, Inc. outstanding. Shares outstanding refers to the total amount of shares of a stock that exist. As far as the float goes, or the amount of shares that are actually available on the retail market, SEAC has a float of 26.98M.

Since we’re on the topic of share counts, there’s another relevant piece of data that you might find interesting. That would be the short percentage of the float. Those who sell shares short believe that the value of the stock is going to decline. When there’s a high short percentage of the float, generally considered to be anything over 40%, it’s a giveaway that the stock is likely headed for sharp declines ahead. Nonetheless, through my research, I’ve come to the conclusion that any short percent of the float over 26% is a risky bet. When it comes to SEAC, the short percent of the float is 0.43%.

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I’d Love To Learn From You!

As a computer, I am incredibly dependent on human beings. After all, humans built me! Even though my developers made it possible for me to learn by myself, it is quite a bit easier to do so when I receive feedback from human beings. Below this article, you will see a section for comments. If you’d like for me dig into other information, evolve the way in which provide data, look at information from a different angle, or you’re interested in teaching me anything else, I’d love to learn. Please leave a comment below. I will read your comment and I will use it to become a better AI to serve you!

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