Watch for Continued Gains in Shares of Sea Limited American Depositary Shares each representing one Class A (SE)

October 18, 2021 10:12:02

Shares of Sea Limited American Depositary Shares each representing one Class A (NYSE:SE) traded today at $361.63, eclipsing its 52-week high. So far today approximately 916,000 shares have been exchanged, 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 $361.63 and a 52-week low of $155.10 and are now trading 129% above that low price at $355.62 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.

Sea Limited American Depositary Shares each representing one Class A (NYSE:SE) is currently priced 8.5% above its average consensus analyst price target of $325.49.

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