As of Thursday close, Sea Limited’s (NYSE:SE) stock was down -$1.01, moving down -2.49 percent to $39.49. The average number of shares traded per day over the past five days has been 20,497,199 shares. 1 time new highs have been achieved over the past 5 days, with a -$17.77 fall in that time frame. In the last twenty days, the average volume was 8,192,270, while in the previous 50 days, it was 5,839,054.
Since last month, SE stock retreated -36.74%. Shares of the company fell to $38.01 on 08/16/23, the lowest level in the past month. A 52-week high of $88.84 was reached on 04/04/23 after having rallying from a 52-week low of $38.01. Since the beginning of this year, SE’s stock price has dropped by -24.10% or -$12.54, and marked a new high 19 times. However, the stock has declined by -55.55% since its 52-week high.
Top 5 AI Stocks to Buy for 2023
The artificial intelligence (AI) revolution is already here. And it's about to change everything we know about everything.
According to Grand View Research, the global AI boom could grow from about $137 billion in 2022 to more than $1.81 trillion by 2030. And investors like you always want to get in on the hottest stocks of tomorrow. Here are five of the best ways to profit from the AI boom.
Click Here to Download the FREE Report.
Sponsored
Valuation Metrics
The stock’s beta is 1.77. Besides these, the trailing price-to-sales (P/S) ratio of 1.77, the price-to-book (PB) ratio of 3.65.
The latest dividend of $0.44 per share was paid out, which is 8.64% more than last year’s $0.4050.
Financial Health
In the three months ended June 29, Sea Limited’s quick ratio stood at 1.90, while its current ratio was 1.90, showing that the company is able to pay off its debt. According to company report, the long-term debt-to-equity ratio for the quarter ending June 29 was 0.55, and the total debt-to-equity ratio was 0.80. On the profitability front, the trailing twelve-month gross margin is 43.10% percent. In the year ended June 29, EBITDA margin amounted to -7.90%, whereas operating margins totaled -5.30%. Based on annual data, SE earned $5.19 billion in gross profit and brought in $12.45 billion in revenue.
A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was -13.90%. Return on equity (ROE) for the past 12 months was -17.80%.
According to the earnings report, the company had a higher net income in the recent quarter than it did in the previous quarter. SE’s revenue rose 20.04% during the quarter, while net income inched up to $12.45 billion. While analysts expected Sea Limited to report $0.41 quarterly earnings, the actual figure was $0.54 per share, beating the consensus estimate by 31.70%. During the quarter, the company generated $283.81 million in EBITDA. The liabilities of Sea Limited were 11.03 billion at the end of its most recent quarter ended June 29, and its total debt was $4.52 billion.
Technical Picture
This quick technical analysis looks at Sea Limited’s (SE) price momentum. With a historical volatility rate of 161.24%, the RSI 9-day stood at 12.87% on 17 August.
With respect to its five-day moving average, the current Sea Limited price is down by -31.03% percent or -$17.77. At present, SE shares trade -34.36% below its 20-day simple moving average and -52.06% percent below its 100-day simple moving average. However, the stock is currently trading approximately -35.56% below its SMA50 and -20.29% below its SMA200.
Stochastic coefficient K was 5.13% and Stochastic coefficient D was 6.86%, while ATR was 3.64. Given the Stochastic reading of 5.09% for the 14-day period, the RSI (14) reading has been calculated as 19.25%. As of today, the MACD Oscillator reading stands at -11.42, while the 14-day reading stands at -15.51.
Analyst Ratings
Sea Limited downgraded its rating on Sea Limited (NYSE: SE) to a Neutral in a note to investors on August 16, 2023. The analysts firm previously had a Buy rating on the stock.Sea Limited (SE) has been rated Overweight by analysts. According to 2 brokerage firms, SE is a sell, and 7 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 5 analysts rate Sea Limited stock as buy, with 21 recommending it as overweight.
With a median target price of $80.00, the current consensus forecast for the stock is $45.00 – $145.00. Based on these forecasts, analysts predict Sea Limited (SE) will achieve an average price target of $79.26.
