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SeaChange International (SEAC) Jumps: Stock Gains 6.2%

SeaChange International, Inc.SEAC was a big mover last session, as the company saw its shares rise over 6% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $5.99 to $6.34 since Sep 21, 2015.

In the last 30 days, the company witnessed one positive estimate revision and the Zacks Consensus Estimate also moved higher over the same time frame, suggesting that more solid trading could be ahead for SeaChange International. So make sure to keep an eye on this stock going forward to see if this recent jump can turn into more strength down the road.

SeaChange International currently sports a Zacks Rank #1 (Strong Buy) while its Earnings ESP is 0.00%.

Another favorably ranked stock in the Communications Components industry is ShoreTel, Inc. SHOR , carrying a Zacks Rank #1.

Is SEAC going up? Or down? Predict to see what others think: Up or Down

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SEACHANGE INTL (SEAC): Free Stock Analysis Report

SHORETEL INC (SHOR): Free Stock Analysis Report

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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