The stock of Sea Ltd ADR (NYSE:SE) last traded at $123.38, up 1.20% from the previous session.
SE stock price is now 9.23% away from the 50-day moving average and 42.48% away from the 200-day moving average. The market capitalization of the company currently stands at $65.24B.
With the price target enhanced from $66 to $90, JP Morgan Upgraded its rating from Neutral to Overweight for Sea Ltd ADR (NYSE: SE). On June 25, 2024, JP Morgan Downgraded its previous ‘Overweight’ rating to ‘Neutral’ on the stock reducing its target price from $84 to quote $78, while ‘Deutsche Bank’ rates the stock as ‘Hold’
In other news, COAST BRIDGE INVESTMENTS LIMIT, Other: Affliate bought 442,290 shares of the company’s stock on Jan 02 ’25. The stock was bought for $46,382,952 at an average price of $104.87. An SEC document containing details of the transaction can be found on the SEC’s website. On Dec 30 ’24, Affiliate Sea of Stars Ltd bought 200,000 shares of the business’s stock. A total of $21,744,000 was incurred on buying the stock at an average price of $108.72. A total of 1.45% of the company’s stock is owned by insiders.
During the past 12 months, Sea Ltd ADR has had a low of $38.10 and a high of $122.77. As of last week, the company has a debt-to-equity ratio of 0.56, a current ratio of 1.62, and a quick ratio of 1.60. The fifty day moving average price for SE is $112.5496 and a two-hundred day moving average price translates $86.2437 for the stock.
The latest earnings results from Sea Ltd ADR (NYSE: SE) was released for 2024-09-30. The net profit margin was 0.63% and return on equity was 1.36% for SE. The company reported revenue of $4.33 billion for the quarter, compared to $3.31 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 30.76 percent.
