Sea Limited American Depositary Shares each representing one Class A Looks to Continue to Trade Above its Annual-High Share Price Today

October 19, 2021 11:32:00

Shares of Sea Limited American Depositary Shares each representing one Class A (NYSE:SE) traded today at $372.70, eclipsing its 52-week high. Approximately 1.4 million shares have changed hands today, as compared to an average 30-day volume of 3.5 million shares.

Sea Limited American Depositary Shares each representing one Class A share prices have moved between a 52-week high of $372.70 and a 52-week low of $155.10 and are now trading 139% above that low price at $370.49 per share.

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.

Based on a current price of $370.49, Sea Limited American Depositary Shares each representing one Class A is currently 9.1% above its average consensus analyst price target of $336.65.

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