ValuEngine upgraded shares of SEA (NYSE:SE) from a hold rating to a buy rating in a research report released on Tuesday, September 4th.
Separately, Zacks Investment Research raised SEA from a sell rating to a hold rating in a report on Saturday, July 28th. One research analyst has rated the stock with a hold rating and seven have issued a buy rating to the company. SEA has a consensus rating of Buy and a consensus price target of $18.00.
SE opened at $13.92 on Tuesday. SEA has a 1-year low of $10.06 and a 1-year high of $17.19. The company has a debt-to-equity ratio of 4.95, a current ratio of 2.54 and a quick ratio of 2.52.
Institutional investors have recently bought and sold shares of the business. Sei Investments Co. bought a new position in SEA in the first quarter valued at about $111,000. First Trust Advisors LP bought a new position in SEA in the second quarter valued at about $159,000. Northern Trust Corp bought a new position in SEA in the first quarter valued at about $121,000. First Mercantile Trust Co. bought a new position in SEA in the first quarter valued at about $123,000. Finally, Arrowgrass Capital Partners US LP bought a new position in SEA in the second quarter valued at about $198,000. Hedge funds and other institutional investors own 28.78% of the company’s stock.
Sea Limited engages in the digital entertainment, e-commerce, and digital financial service businesses in the Greater Southeast Asia. The company operates through three segments: Digital Entertainment, E-commerce and Digital Financial services. It provides Garena digital entertainment platform for users to access mobile and PC online games, and eSports operations; and access to other entertainment content, such as live streaming of online gameplay and social features.
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To view ValuEngine’s full report, visit ValuEngine’s official website.
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