Sea Ltd ADR [SE] Stock trading around $59.94 per share: What’s Next?

Sea Ltd ADR [NYSE: SE] traded at a low on Monday, posting a -1.33 loss after which it closed the day’ session at $59.94.

The results of the trading session contributed to over 7081236 shares changing hands. Over the past one week, the price volatility of Sea Ltd ADR stands at 4.86% while the volatility over the past one month is 3.46%.

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The market cap for SE stock reached $31.70 billion, with 526.81 million shares outstanding and 519.03 million shares in the current float. Compared to the average trading volume of 5.00M shares, SE reached a trading volume of 7081236 in the most recent trading day, which is why market watchdogs consider the stock to be active.

What do top market gurus say about Sea Ltd ADR [SE]?

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for SE shares is $79.27 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on SE stock is a recommendation set at 1.76. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

JP Morgan have made an estimate for Sea Ltd ADR shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on June 25, 2024. While these analysts kept the previous recommendation, Deutsche Bank raised their target price to Hold. The new note on the price target was released on May 15, 2024, representing the official price target for Sea Ltd ADR stock. Previously, the target price had yet another raise from $59 to $92, while Loop Capital kept a Buy rating on SE stock. On April 22, 2024, analysts increased their price target for SE shares from 65 to 70.

The Average True Range (ATR) for Sea Ltd ADR is set at 2.57, with the Price to Sales ratio for SE stock in the period of the last 12 months amounting to 2.30. The Price to Book ratio for the last quarter was 5.16, with the Price to Cash per share for the same quarter was set at 13.01.

How has SE stock performed recently?

Sea Ltd ADR [SE] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -8.66. With this latest performance, SE shares dropped by -16.61% in over the last four-week period, additionally plugging by 42.65% over the last 6 months – not to mention a drop of -2.95% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for SE stock in for the last two-week period is set at 23.98, with the RSI for the last a single of trading hit 17.91, and the three-weeks RSI is set at 30.30 for Sea Ltd ADR [SE]. The present Moving Average for the last 50 days of trading for this stock 70.52, while it was recorded at 63.10 for the last single week of trading, and 53.62 for the last 200 days.

Sea Ltd ADR [SE]: Deeper insight into the fundamentals

Sea Ltd ADR’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.44 and a Current Ratio set at 1.46.

Insider trade positions for Sea Ltd ADR [SE]

The top three institutional holders of SE stocks are: VANGUARD GROUP INC with ownership of 1.32 billion shares, which is approximately 8.5034%. BLACKROCK INC., holding 1.04 billion shares of the stock with an approximate value of $178.43 billion in SE stocks shares; and BERKSHIRE HATHAWAY INC, currently with $135.36 billion in SE stock with ownership which is approximately 5.1238%.

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