SEA (NYSE:SE) was upgraded by ValuEngine from a “hold” rating to a “buy” rating in a research note issued to investors on Friday.
Separately, Zacks Investment Research upgraded SEA from a “sell” rating to a “hold” rating in a report on Saturday, July 28th.
Shares of SEA stock opened at $12.90 on Friday. The firm has a market capitalization of $4.19 billion and a PE ratio of -4.74. The company has a quick ratio of 2.52, a current ratio of 2.54 and a debt-to-equity ratio of 4.95. SEA has a 12 month low of $10.06 and a 12 month high of $17.19.
Large investors have recently made changes to their positions in the stock. Northern Trust Corp purchased a new stake in shares of SEA during the first quarter worth $121,000. Comerica Bank bought a new position in SEA during the third quarter valued at about $137,000. First Trust Advisors LP bought a new position in SEA during the second quarter valued at about $159,000. Arrowgrass Capital Partners US LP bought a new position in SEA during the second quarter valued at about $198,000. Finally, Cubist Systematic Strategies LLC bought a new position in SEA during the second quarter valued at about $207,000. Institutional investors and hedge funds own 27.81% 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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