The Sea Limited (NYSE:SE) is going down by -4.74% in today’s trading session, a fall equivalent to -1.64% of the stock’s price from yesterday’s market close. A news came out on 07/31/19 stating that Sea Limited to Report Second Quarter 2019 Results by WSJ. The lowest point that the shares touched during the trading session was $33.68, while the peak of the day was recorded at a share price of $34.84. SE finished the previous session at $34.62 according to the data provided by Barchart, while the trading volume was observed to be $1,706,053.
In the 100 days of trading, SE managed to top a 29.54% Moving average. Additionally, Sea Limited shares have achieved a 52-week range between 10.52 and 38.00 alongside 100 days raw stochastic set at 67.83%.
The number of shares outstanding, according to the fundamentals of the company, is set at 414.98M, equal to the value of $14.37B in market capitalization. Financial analysts indicate that SE shares should be still ranked as a “Outperform”. In the last 30 days, Sea Limited shares went down by -13.63%, adding 38.00 to growth in value, on top of a +0.46% boost since 07/12/19.
Sea Limited (NYSE:SE) Analyst’s Estimates
Sea Limited (SE) could record at least -$0.51 per share in quarterly earnings in the upcoming report on 08/20/2019, a number that would actually represent an increase of 62.20% YOY.
According to the average analyst rating, Sea Limited would be rated as 1.73. Out of 11 different analysts monitoring SE stock, 3 analysts rate the stock as a BUY, 0 suggest to give the rating of HOLD, 8 indicate that SE is an OUTPERFORM, 0 rated the stock as a SELL, and 0 analyst believes that the stock should be rated as UNDERPERFORM.
On Aug-06-19, the stock earned a Downgrade rating due to a new analyst call from CLSA, while analysts from JP Morgan believe that the stock is set at Overweight, as concluded on Jun-13-19. Citigroup, is still rather wary about the stock, deciding to keep the rating at Buy as confirmed through a call on Nov-16-17.
Regardless of the rating, Stifel did increase their price to $19 as they are considering target share price analysis. Piper Jaffray, on the other hand, provided a rather enthusiastic opinion on the rating, concluded in an analyst call on Nov-14-17, giving the stock a Overweight rating.
SE Key Ratios To Watch:
Taking in account the profitability of the Company, gross profit margin of -1.08% has been attained, while the operating margin has been recorded at -120.13%. The firm is also showcasing profitability through returns on assets in the company’s ownership, with ROA set at -46.00%. Additionally, Sea Limited is recording price volatility of 4.38% for the period of the last seven days and 4.52% in the last 30 days.
Sea Limited (NYSE:SE) Technical Outlook
For the period of the last 50 days, Sea Limited had its Raw Stochastic average set at 47.62% for the latest technical analysis. In comparison to the period of the last 20 days, the present Raw Stochastic average for the last 50 days poses as improvement, set at 2.82%. Stochastic %K for Sea Limited, with the last 20 days included, was set at 18.54%, having Stochastic %D topping 27.56%. Based on the previous performance of the company for the mentioned period, there are more than several recorded moving trends. When it comes to the period of the last 12 months, accounting the time for year-to-date, price performance appears to be encouraging for Sea Limited stocks with recording 150.14% in metrics.
Sea Limited Insider Watch:
As far as the position of shares issued by Sea Limited (NYSE:SE) for the period concluded at the market close of 08/13/19, 151 institutional investors increased their positions in SE shares by 94,721,255, 41 decreased positions by 18,920,046 and 15 institutional investors decided to hold positions at 82,692,130. These numbers put the complete list of institutional holdings set at 196,333,431 shares, in accordance with filings submitted to the Securities and Exchange Commission. The stock had another 102 institutional investments with 60,542,254 new shares in addition to having 11 institutional investors selling their positions in 2,222,072 shares.