In last trading session, Sea Ltd ADR (NYSE:SE) saw 3.72 million shares changing hands with its beta currently measuring 1.50. Company’s recent per share price level of $54.47 trading at -$0.08 or -0.15% at ring of the bell on the day assigns it a market valuation of $28.28B. That closing price of SE’s stock is at a discount of -63.1% from its 52-week high price of $88.84 and is indicating a premium of 36.94% from its 52-week low price of $34.35. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 5.97 million shares which gives us an average trading volume of 7.14 million if we extend that period to 3-months.
Sea Ltd ADR (NYSE:SE) trade information
Upright in the red during last session for losing -0.15%, in the last five days SE remained trading in the red while hitting it’s week-highest on Monday, 03/18/24 when the stock touched $54.47 price level, adding 8.3% to its value on the day. Sea Ltd ADR’s shares saw a change of 34.49% in year-to-date performance and have moved -6.30% in past 5-day. Sea Ltd ADR (NYSE:SE) showed a performance of 22.54% in past 30-days. Number of shares sold short was 22.85 million shares which calculate 3.87 days to cover the short interests.
Sea Ltd ADR (SE) estimates and forecasts
Statistics highlight that Sea Ltd ADR is scoring comparatively higher than the scores of other players of the relevant industry. The company added 51.52% of value to its shares in past 6 months, showing an annual growth rate of 42.65% while that of industry is 20.00. Apart from that, the company came raising its revenue forecast for fiscal year 2024. The company is estimating its revenue growth to decrease by -100.00% in the current quarter and calculating -81.50% decrease in the next quarter. This year revenue growth is estimated to rise 14.90% from the last financial year’s standing.
6 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of $3.5 billion for the same. And 5 analysts are in estimates of company making revenue of $3.66 billion in the next quarter that will end on Jun 2024. Company posted $3.04 billion and $3.2 billion of sales in current and next quarters respectively a year earlier. Analysts are expecting this quarter sales to grow by 15.10% while estimating it to be 14.40% for the next quarter.
SE Dividends
Sea Ltd ADR is more likely to be releasing its next quarterly report between May 14 and May 20 and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt.
Sea Ltd ADR (NYSE:SE)’s Major holders
Insiders are in possession of 11.02% of company’s total shares while institution are holding 60.46 percent of that, with stock having share float percentage of 67.95%. Investors also watch the number of corporate investors in a company very closely, which is 60.46% institutions for Sea Ltd ADR that are currently holding shares of the company.
On the other hand, Baillie Gifford and Company and FMR, LLC are the top two Mutual Funds which own company’s shares. As of Dec 30, 2023, the former fund manager was holding 34.18 million shares of worth $1.86 billion or 6.03% of the total outstanding shares. The later fund manager was in possession of 27.65 million shares on Dec 30, 2023, making its stake of worth around $1.51 billion in the company or a holder of 4.88% of company’s stock.
