In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
Sea Ltd ADR (NYSE: SE) closed the day trading at $62.72 down -0.74% from the previous closing price of $63.19. In other words, the price has decreased by -$0.74 from its previous closing price. On the day, 3.84 million shares were traded. SE stock price reached its highest trading level at $63.475 during the session, while it also had its lowest trading level at $61.53.
Ratios:
For a better understanding of SE, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.40 and its Current Ratio is at 1.42. In the meantime, Its Debt-to-Equity ratio is 0.68 whereas as Long-Term Debt/Eq ratio is at 0.59.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Loop Capital on April 24, 2024, Upgraded its rating to Buy and sets its target price to $92 from $59 previously.
On April 22, 2024, Morgan Stanley Upgraded its rating to Overweight which previously was Equal-Weight and also upped its target price recommendation from $65 to $70.
BofA Securities Upgraded its Neutral to Buy on April 22, 2024, whereas the target price for the stock was revised from $62 to $70.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, SE now has a Market Capitalization of 36022603776 and an Enterprise Value of 35230040064. As of this moment, Sea’s Price-to-Earnings (P/E) ratio for their current fiscal year is 277.52, and their Forward P/E ratio for the next fiscal year is 28.11. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.53 while its Price-to-Book (P/B) ratio in mrq is 5.44. Its current Enterprise Value per Revenue stands at 2.697 whereas that against EBITDA is 44.965.
Stock Price History:
Over the past 52 weeks, SE has reached a high of $88.39, while it has fallen to a 52-week low of $34.35. The 50-Day Moving Average of the stock is 13.68%, while the 200-Day Moving Average is calculated to be 36.51%.
Shares Statistics:
Over the past 3-months, SE traded about 6.65M shares per day on average, while over the past 10 days, SE traded about 6231970 shares per day. A total of 526.81M shares are outstanding, with a floating share count of 517.55M. Insiders hold about 1.76% of the company’s shares, while institutions hold 56.86% stake in the company. Shares short for SE as of 1713139200 were 19626543 with a Short Ratio of 2.95, compared to 1710460800 on 21506258. Therefore, it implies a Short% of Shares Outstanding of 19626543 and a Short% of Float of 6.4.
