SE Stock Summary and Trading Ideas (Sea Limited American Depositary Shares Each Representing One Class A Ordinary Share | NYSE:SE)

Sea operates Southeast Asia's largest e-commerce company, Shopee, in terms of gross merchandise value and number of transactions. Sea started as a gaming business, Garena, but in 2015 expanded into e-commerce, which is now the main growth driver. Shopee is a hybrid C2C and B2C marketplace platform operating in eight core markets. Indonesia accounts for 35% of GMV, with the rest split mainly among Taiwan, Vietnam, Thailand, Malaysia, and the Philippines. For Garena, Free Fire was the most downloaded game in January 2022 and accounted for 74% of gaming revenue in 2021. Sea's third business, SeaMoney, provides mostly credit lending.

Sea Limited American Depositary Shares Each Representing One Class A Ordinary Share trades on the NYSE stock market under the symbol SE.

As of April 22, 2024, SE stock price climbed to $59.43 with 11,494,402 million shares trading.

SE has a beta of 1.24, meaning it tends to be more sensitive to market movements. SE has a correlation of 0.05 to the broad based SPY ETF.

SE has a market cap of $33.80 billion. This is considered a Large Cap stock.

Last quarter Sea Limited American Depositary Shares Each Representing One Class A Ordinary Share reported $4 billion in Revenue and -$.19 earnings per share. This beat revenue expectation by $87 million and exceeded earnings estimates by $.08.

In the last 3 years, SE stock traded as high as $372.70 and as low as $34.35.

The top ETF exchange traded funds that SE belongs to (by Net Assets): IEFA, EFA, EFG, IXUS, EWS.

SE stock has underperformed the market in the last year with a return of -27.1%, while SPY returned +22.3%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in SE shares. However, SE has outperformed the market in the last 3 month and 2 week periods, returning +63.3% and +7.5%, while SPY returned +3.9% and -3.6%, respectively. This indicates SE has been having a stronger performance recently.

SE support price is $53.52 and resistance is $56.60 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that SE stock will trade within this expected range on the day.