Sea Ltd ADR (NYSE:SE) finished Wednesday with an addition of $1.94 to close at $42.09, an upside of 4.83 percent. An average of 16,092,500 shares of common stock have been traded in the last five days. There was a gain of $4.56 in the past week, and it reached a new high 16 times over the past 12 months. The last 20 days have seen an average of 8,751,270 shares traded, while the 50-day average volume stands at 8,452,630.
SE stock has increased by 14.07% in the last month. The company shares reached their 1-month lowest point of $35.06 on 09/21/23. With the stock rallying to its 52-week high on 04/04/23, shares of the company touched a low of $34.87 and a high of $88.84 in 52 weeks. It has reached a new high 19 times so far this year and lost -19.10% or -$9.94 in price. In spite of this, the price is down -52.62% from the 52-week high.
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Valuation Metrics
Sea Ltd ADR (SE) has a trailing price-to-earnings (P/E) ratio of 111.47. The stock’s beta is 1.70. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 1.71, the price-to-book (PB) ratio at 3.65.
Financial Health
The quick ratio of Sea Ltd ADR for the three months ended June 29 was 1.73, and the current ratio was 1.75, indicating that the company is able to meet its debt obligations. Further, the company has a long term debt to equity ratio of 0.64 and a total debt to equity ratio of 0.70 for the quarter ending June 29. Its gross profit as reported stood at $5.19 billion compared to revenue of $12.45 billion.
Earnings Surprise
In the quarter under review, the net income was up than the previous quarter. The company posted a net income of -$1.65 billion in the quarter, while revenues were shrunk -23.94%. The analyst consensus anticipated Sea Ltd ADR’s latest quarter earnings to come in at $0.41 per share, but it turned out to be $0.54, a 31.70% surprise. For the quarter, EBITDA amounted to $283.81 million.
Technical Picture
From a technical analysis perspective, let’s take a brief look at Sea Ltd ADR (SE) price momentum. RSI 9-day as of the close on 27 September was 65.26%, suggesting the stock is Neutral, with historical volatility in this time frame at 70.01%.
As of today, SE’s price is $38.87 +12.15% or $4.56 from its 5-day moving average. SE is currently trading +12.06% higher than its 20-day SMA and -44.62% lower than its 100-day SMA. However, the stock’s current price level is -31.52% below the SMA50 and -31.09% below the SMA200.
The stochastic %K and %D were 81.16% and 59.66%, respectively, and the average true range (ATR) was 2.13. With the 14-day stochastic at 81.37% and the average true range at 2.09, the RSI (14) stands at 54.52%. The stock has reached 2.17 on the 9-day MACD Oscillator while the 14-day reading was at 2.13.
Analyst Ratings
Wedbush launched coverage on Sea Ltd ADR (NYSE: SE) in its analyst report released on August 22, 2023. The firm assigned the stock an Outperform rating. The consensus rating for Sea Ltd ADR (SE) among analysts is Overweight. According to current brokerage recommendations, 2 brokerage firms advise that investors sell SE, while 9 suggest investors hold. There are 0 analysts who rate the stock as underweight. The stock is rated overweight by 6 analysts, while 19 others rate it as a “buy”.
