Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.
Sea Ltd ADR (NYSE: SE) closed the day trading at $62.01 up 4.34% from the previous closing price of $59.43. In other words, the price has increased by $4.34 from its previous closing price. On the day, 7.24 million shares were traded. SE stock price reached its highest trading level at $62.65 during the session, while it also had its lowest trading level at $60.18.
Ratios:
For a better understanding of SE, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.43 and its Current Ratio is at 1.44. In the meantime, Its Debt-to-Equity ratio is 0.67 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, Morgan Stanley on April 22, 2024, Upgraded its rating to Overweight and sets its target price to $70 from $65 previously.
On April 22, 2024, BofA Securities Upgraded its rating to Buy which previously was Neutral and also upped its target price recommendation from $62 to $70.
JP Morgan Upgraded its Neutral to Overweight on March 05, 2024, whereas the target price for the stock was revised from $43 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 35268743168 and an Enterprise Value of 33039919104. As of this moment, Sea’s Price-to-Earnings (P/E) ratio for their current fiscal year is 272.69, and their Forward P/E ratio for the next fiscal year is 27.71. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.46 while its Price-to-Book (P/B) ratio in mrq is 5.42. Its current Enterprise Value per Revenue stands at 2.529 whereas that against EBITDA is 42.17.
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 17.42%, while the 200-Day Moving Average is calculated to be 35.26%.
Shares Statistics:
Over the past 3-months, SE traded about 6.59M shares per day on average, while over the past 10 days, SE traded about 6444790 shares per day. A total of 519.23M shares are outstanding, with a floating share count of 510.11M. Insiders hold about 1.76% of the company’s shares, while institutions hold 57.61% stake in the company. Shares short for SE as of 1711584000 were 18028371 with a Short Ratio of 2.73, compared to 1709164800 on 22846186. Therefore, it implies a Short% of Shares Outstanding of 18028371 and a Short% of Float of 5.88.
