Read This First Before You Buy Sea Ltd ADR (NYSE: SE) Stock

Sea Ltd ADR (NYSE:SE) shares, rose in value on Thursday, April 04, with the stock price up by 3.41% to the previous day’s close as strong demand from buyers drove the stock to $54.86.

Actively observing the price movement in the recent trading, the stock is buoying the session at $53.05. The value of beta (5-year monthly) is 1.49 whereas the PE ratio is 241.25 over 12-month period. Referring to stock’s 52-week performance, its high was $88.84, and the low was $34.35. On the whole, SE has fluctuated by -1.60% over the past month.

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With the market capitalization of Sea Ltd ADR currently standing at about $28.48 billion, investors are eagerly awaiting this quarter’s results, scheduled for May 14, 2024 – May 20, 2024. As a result, investors might want to see an improvement in the stock’s price before the company announces its earnings report. Analysts are projecting the company’s earnings per share (EPS) to be $0, which is expected to increase to $0.26 for fiscal year $0.54 and then to about $1.4 by fiscal year 2025. Data indicates that the EPS growth is expected to be 116.00% in 2025, while the next year’s EPS growth is forecast to be 159.30%.

Analysts have estimated the company’s revenue for the quarter at $3.5 billion, with a low estimate of $3.28 billion and a high estimate of $3.8 billion. According to the average forecast, sales growth in current quarter could jump up 15.10%, compared to the corresponding quarter of last year. Wall Street analysts also predicted that in 2025, the company’s y-o-y revenues would reach $15.01 billion, representing an increase of 14.90% from the revenues reported in the last year’s results.

Revisions could be a useful indicator to get insight on short-term price movement; so for the company, there were no upward and no downward review(s) in last seven days. We see that SE’s technical picture suggests that short-term indicators denote the stock is a 50% Buy on average. However, medium term indicators have put the stock in the category of 100% Buy while long term indicators on average have been pointing out that it is a 50% Buy.

The stock’s technical analysis shows that the PEG ratio is about 0, with the price of SE currently trading nearly -2.83% and 12.17% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 55.08, while the 7-day volatility ratio is showing 4.15% which for the 30-day chart, stands at 3.98%. Furthermore, Sea Ltd ADR (SE)’s beta value is 1.50, and its average true range (ATR) is 2.32.

A comparison of Sea Ltd ADR (SE) with its peers suggests the former has fared considerably weaker in the market. SE showed an intraday change of 3.41% in today’s session so far, and over the past year, it shrunk by -37.53%%.

Data on historical trading for Sea Ltd ADR (NYSE:SE) indicates that the trading volumes over the past 10 days have averaged 4.57 million and over the past 3 months, they’ve averaged 6.67 million. According to company’s latest data on outstanding shares, there are 519.23 million shares outstanding.

Nearly 1.76% of Sea Ltd ADR’s shares belong to company insiders and institutional investors own 57.80% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 21.51 million shares as on Mar 15, 2024, resulting in a short ratio of 2.47. According to the data, the short interest in Sea Ltd ADR (SE) stood at 3.78% of shares outstanding as of Mar 15, 2024; the number of short shares registered in Feb 15, 2024 reached 21.96 million. The stock has risen by 35.46% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the SE stock heading into the next quarter.