Sea Ltd ADR (NYSE:SE) shares, rose in value on Thursday, April 25, with the stock price down by -1.63% to the previous day’s close as strong demand from buyers drove the stock to $62.24.
Actively observing the price movement in the recent trading, the stock is buoying the session at $63.27. The PE ratio was 273.70 over 12-month period. Referring to stock’s 52-week performance, its high was $88.39, and the low was $34.35. On the whole, SE has fluctuated by 12.02% over the past month.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 15.01B, with a low estimate of 3.28B and a high estimate of 3.68B. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 3.52B.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that SE’s technical picture suggests that short-term indicators denote the stock is a 100% 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 100% Buy.
The stock’s technical analysis shows that the PEG ratio is about 0, with the price of SE currently trading nearly 11.49% and 16.17% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 65.61, while the 7-day volatility ratio is showing 4.38% which for the 30-day chart, stands at 4.15%. Furthermore, Sea Ltd ADR (SE)’s beta value is 1.44, and its average true range (ATR) is 2.61.
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 -1.63% in today’s session so far, and over the past year, it shrunk by -16.95%%.
Data on historical trading for Sea Ltd ADR (NYSE:SE) indicates that the trading volumes over the past 3 months, they’ve averaged 6.61 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 57.60% of the company’s shares. The stock has risen by 53.68% 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.
