$6.59M in average volume shows that Sea Ltd ADR (SE) is heading in the right direction

On Monday, Sea Ltd ADR (NYSE: SE) opened higher 7.94% from the last session, before settling in for the closing price of $55.06. Price fluctuations for SE have ranged from $34.35 to $88.39 over the past 52 weeks.

Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.

Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!

Get the FREE Report with all the details here.


Sponsored

Over the past five-year period, the growth rate of yearbook sales for the company of the Consumer Cyclical sector was 84.34%. Company’s average yearly earnings per share was noted 334.67% at the time writing. With a float of $510.11 million, this company’s outstanding shares have now reached $519.23 million.

Sea Ltd ADR (SE) Insider Activity

A key investor’s attitude towards the stock of the Internet Retail industry is another important factor to consider. The insider ownership of Sea Ltd ADR is 1.76%, while institutional ownership is 57.61%.

Sea Ltd ADR (SE) Earnings and Forecasts

If we go through the results of last quarter, which was made public on 12/31/2023, the company posted 0.15 earnings per share (EPS) for the quarter, coming under the agreed prediction (set at 0.44) by -0.29. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.08 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 334.67% per share during the next fiscal year.

Sea Ltd ADR (NYSE: SE) Trading Performance Indicators

Check out the current performance indicators for Sea Ltd ADR (SE). In the past quarter, the stock posted a quick ratio of 1.43. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.36.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.23, a number that is poised to hit 0.21 in the next quarter and is forecasted to reach 2.24 in one year’s time.

Technical Analysis of Sea Ltd ADR (SE)

Compared to the last year’s volume of 6.57 million, its volume of 7.94 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 64.68%. Additionally, its Average True Range was 2.62.

During the past 100 days, Sea Ltd ADR’s (SE) raw stochastic average was set at 86.78%, which indicates a significant increase from 76.53% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 53.27% in the past 14 days, which was higher than the 46.75% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $52.81, while its 200-day Moving Average is $45.84. Nevertheless, the first resistance level for the watch stands at $61.59 in the near term. At $63.74, the stock is likely to face the second major resistance level. The third major resistance level sits at $65.69. If the price goes on to break the first support level at $57.49, it is likely to go to the next support level at $55.54. Should the price break the second support level, the third support level stands at $53.39.

Sea Ltd ADR (NYSE: SE) Key Stats

There are currently 564,759K shares outstanding in the company with a market cap of 30.86 billion. Presently, the company’s annual sales total 13,064 M according to its annual income of 150,730 K. Last quarter, the company’s sales amounted to 3,617 M and its income totaled -109,740 K.