Sea Limited (NYSE:SE) has a beta value of 1.34 and has seen 2,114,560 shares traded in the recent trading session. The company, currently valued at $51.41 Billion, closed the recent trade at $108.59 per share which meant it gained $3.5 on the day or 3.33% during that session. The SE stock price is -6.82% off its 52-week high price of $116 and 75.68% above the 52-week low of $26.41. If we look at the company’s 10-day average daily trading volume, we find that it stood at 7.03 Million shares traded. The 3-month trading volume is 5.3 Million shares.
Sea Limited (NYSE:SE) trade information
Sporting 3.24% in the green today, the stock has traded in the green over the last five days, with the highest price hit on Tuesday, Jun 23 when the SE stock price touched $116 or saw a rise of 7.3%. Year-to-date, Sea Limited shares have moved 167.35%, while the 5-day performance has seen it change -5.17%. Over the past 30 days, the shares of Sea Limited (NYSE:SE) have changed 34.75%. Short interest in the company has seen 29.26 Million shares shorted with days to cover at 5.52.
Sea Limited (SE) estimates and forecasts
Figures show that Sea Limited shares have outperformed across the wider relevant industry. The company’s shares have gained +169.19% over the past 6 months, with this year growth rate of 13%, compared to -16% for the industry. Other than that, the company has, however, increased its growth outlook for the 2020 fiscal year revenue. Growth estimates for the current quarter are 9.6% and -19.5% for the next quarter. Revenue growth from the last financial year stood is estimated to be +49.8%.
7 analysts offering their estimates for the company have set an average revenue estimate of $1.02 Billion for the current quarter. 7 have an estimated revenue figure of $1.12 Billion for the next quarter concluding in September 01, 2020. Year-ago sales stood $613.47 Million and $763.26 Million respectively for this quarter and the next, and analysts expect sales will grow by 66.6% for the current quarter and 47% for the next.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was -65.4% over the past 5 years. Earnings growth for 2020 is a modest -18% while over the next 5 years, the company’s earnings are expected to increase by 0%.
Sea Limited (NYSE:SE)’s Major holders
Insiders own 1.7% of the company shares, while shares held by institutions stand at 81.07% with a share float percentage of 82.47%. Investors are also buoyed by the number of investors in a company, with Sea Limited having a total of 393 institutions that hold shares in the company. The top two institutional holders are Sands Capital Management, Inc. with over 23.7 Million shares worth more than $1.05 Billion. As of March 30, 2020, Sands Capital Management, Inc. held 35.93% of shares outstanding.
The other major institutional holder is Capital World Investors, with the holding of over 16.75 Million shares as of March 30, 2020. The firm’s total holdings are worth over $742.39 Million and represent 25.4% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are Europacific Growth Fund and Fidelity Blue Chip Growth Fund. As of March 30, 2020, the former fund manager holds about 19.7% shares in the company for having 12990069 shares of worth $575.59 Million while later fund manager owns 3.79 Million shares of worth $167.97 Million as of March 30, 2020, which makes it owner of about 5.75% of company’s outstanding stock.