The pursuit of market outperformance leads investors to the practice of hand-picking stocks. Skillful choices can be a catalyst for significant wealth enhancement.
As of close of business last night, Sea Ltd ADR’s stock clocked out at $65.99, down -1.14% from its previous closing price of $66.75. In other words, the price has decreased by -$1.14 from its previous closing price. On the day, 4.1 million shares were traded. SE stock price reached its highest trading level at $67.0 during the session, while it also had its lowest trading level at $65.86.
Ratios:
To gain a deeper understanding of SE’s stock, we examine 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 37900693504 and an Enterprise Value of 37544628224. As of this moment, Sea’s Price-to-Earnings (P/E) ratio for their current fiscal year is 291.99, and their Forward P/E ratio for the next fiscal year is 29.58. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.66 while its Price-to-Book (P/B) ratio in mrq is 5.73. Its current Enterprise Value per Revenue stands at 2.874 whereas that against EBITDA is 47.919.
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 14.59%, while the 200-Day Moving Average is calculated to be 43.28%.
Shares Statistics:
It appears that SE traded 6.55M shares on average per day over the past three months and 5656970 shares per day over the past ten days. 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 56.55% stake in the company. Shares short for SE as of 1713139200 were 19626543 with a Short Ratio of 3.00, compared to 1710460800 on 21506258. Therefore, it implies a Short% of Shares Outstanding of 19626543 and a Short% of Float of 7.6499999999999995.
