E's upstream merger with Ithaca Energy creates a major player in the North Sea, setting the stage for substantial oil and gas production and UK energy security.
Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?
Sea Limited (SE) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
In the latest trading session, Sea Limited Sponsored ADR (SE) closed at $94.31, marking a -0.55% move from the previous day.
In the latest trading session, Sea Limited Sponsored ADR (SE) closed at $94.83, marking a +0.94% move from the previous day.
SE's prospects are driven by Strong performance from Shopee, SeaMoney and Garena. However, stiff competition and stretched valuation are concerns.
The latest trading day saw Sea Limited Sponsored ADR (SE) settling at $85.71, representing a +0.82% change from its previous close.
This growth stock is performing well in 2024 but is still considerably off its high-water mark.
Singapore-based software and e-commerce stock Sea Ltd (SE) hit an 18-month high of $86.37 on Thursday. The shares are now up 111% in 2024, carving out a channel of higher highs per the chart below.
Sea Limited (SE) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.
Sea is firing on all cylinders. The company's Q2 2024 results surpassed expectations, with a 23% YoY revenue growth and an adjusted EBITDA margin of 12%. Shopee's e-commerce revenue grew 32% YoY, with GMV up 24.5%, and is expected to break even on an adjusted EBITDA basis by Q3 2024. Garena's gaming segment showed mixed results; Free Fire remains popular, but user engagement is waning despite a 21% rise in active paying users.