Shares of Sea Limited American Depositary Shares each representing one Class A (NYSE:SE) traded at a new 52-week high today of $359.84. So far today approximately 1.6 million shares have been exchanged, as compared to an average 30-day volume of 3.6 million shares.
Sea Limited American Depositary Shares each representing one Class A (NYSE:SE) defies analysts with a current price ($357.65) 6.9% above its average consensus price target of $332.93.
Sea Ltd is an internet company. The company operates through three segments namely Digital entertainment, E-commerce, and Digital financial services. It generates maximum revenue from the Digital Entertainment segment. Digital Entertainment segment includes Garena’s platform which offers mobile and PC online games across the region and develops mobile games for the global market. Garena is the global leader in eSports, it also provides access to other entertainment content and social features, such as live streaming of gameplay, user chat, and online forums. Geographically, it derives a majority of revenue from Southeast Asia and also has a presence in Latin America; the Rest of Aisa, and the Rest of the world.
Over the past year, Sea Limited American Depositary Shares each representing one Class A has traded in a range of $135.28 to $359.84 and is now at $357.65, 164% above that low.
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