According to Bloomberg, the fourteen rating agencies that cover Sea Limited (NYSE: SE) have given the stock an average rating of “Moderate Buy,” which indicates that investors should consider purchasing the stock. Specifically, the rating indicates that investors should consider purchasing the stock. Four analysts have suggested that investors maintain their current stock holdings, while five others have suggested that investors purchase the stock. One has suggested that investors make a strong purchase.
Most brokerage firms that updated their coverage of the stock in the previous year have established a price target of $102.64 for the stock’s price over the next year.
A large number of research companies have recently provided the most recent observations they’ve made on SE.
In a research note published on November 21st, Cowen lowered their price objective for SEA from $72.00 to $60.00 and downgraded the company from “outperform” to “market perform.” In a research note distributed on Tuesday, November 1st, China Renaissance lowered their price objective on SEA from $100.00 to $94.00.
In a research note published on November 21st, Cowen lowered their price objective for SEA from $72.00 to $60.00 and downgraded the company from “outperform” to “market perform.” In a research note that was published on Thursday, Goldman Sachs Group raised its rating for Southeast Asia Exchange (SEA) from “buy” to “conviction-buy,” moving it up one tier from its previous standing.
In a research note published on November 17th, Barclays lowered their “overweight” rating on SEA and lowered their price objective on the stock from $100 to $98.
This was the final change, but certainly not the least significant.
On Friday, a share of SE stock was set at $65.01 when trading began. Over the previous 52 weeks, the price of SEA has ranged from a low of $40.67 to a high of $150.98.
The current price of SEA is $40.67.
The company possesses a price-to-earnings ratio of -13.40, a beta value of 1.67, and a market capitalization of $36.26 billion.
The company’s simple moving average over the past fifty days is currently sitting at $60.31, and the simple moving average over the past 200 days is currently sitting at $59.93.
The ratio of current assets to total assets is 1.78; the ratio of quick assets to current assets is 1.77; and the ratio of total assets to current assets is 0.84.
Several hedge funds and other institutional investors have adjusted how they invest in the company over the past few months.
During the second quarter, Sands Capital Management LLC increased the proportion of SEA holdings that it controlled by 1.8%.
After purchasing 370,032 shares during the most recent quarter, Sands Capital Management LLC now owns 20,470,449 shares of the internet business based in Singapore.
The current market value of these shares is $1,368,654,000.
During the final three months of 2018, Baillie Gifford & Co increased the percentage of Southeast Asian assets it held by 21.2%.
After making additional purchases totaling 3,536,349 shares during the most recent fiscal quarter, Baillie Gifford & Co now has 20,254,410 shares of the internet corporation based in Singapore.
The value of these shares on the market as of right now is $1,053,837,000.
During the third quarter, BlackRock INC increased the proportion of its holdings that were comprised of SEA investments by 2.1%.
After making additional purchases during the period amounting to 317,841 shares, BlackRock INC currently owns 15,597,266 shares of the stock of the Singapore-based online company, which are currently valued at $874,227,000.
During the period, the company made additional purchases totaling 317,841 shares.
During the third quarter, Tiger Global Management LLC increased the total amount of Southeast Asian equity it holds by 16.5% from the previous quarter. Following the purchase of an additional 1,356,481 shares during the relevant period, Tiger Global Management LLC now owns a total of 9,553,864 shares of the publicly traded stock of the internet company based in Singapore.
The current value of these shares is $535,494,000.
In the final three months of 2018, Norges Bank spent approximately $237,386,000 to fill a new post in Southeast Asia.
This was the most expensive item on the bank’s 2018 expense report.
To the tune of 74.92% of the company’s shares, hedge funds, and other institutional investors are the owners of those shares.
The services for online gaming are provided by Sea Ltd, an organization specializing in developing platforms for mobile devices and the internet.
Its three distinct business divisions comprise e-commerce, digital entertainment, and financial services.
Existing and brand-new online gaming options are made available for personal computers and mobile devices thanks to the growth of the digital entertainment industry.
source:beststocks
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