SEA (NYSE:SE) Stock Price Down 4.8% - Time to Sell?

Shares of Sea Limited Sponsored ADR (NYSE:SE - Get Free Report) were down 4.8% during mid-day trading on Thursday . The company traded as low as $145.60 and last traded at $145.44. Approximately 893,303 shares were traded during mid-day trading, a decline of 80% from the average daily volume of 4,578,845 shares. The stock had previously closed at $152.74.

Wall Street Analyst Weigh In

A number of research firms recently weighed in on SE. Wall Street Zen upgraded shares of SEA from a "hold" rating to a "buy" rating in a research note on Monday, June 30th. Benchmark increased their price target on shares of SEA from $150.00 to $180.00 and gave the company a "buy" rating in a report on Wednesday, May 14th. Bank of America cut SEA from a "buy" rating to a "neutral" rating and set a $160.00 price target on the stock. in a report on Friday, May 9th. Sanford C. Bernstein restated an "outperform" rating and set a $170.00 target price on shares of SEA in a research report on Wednesday, May 14th. Finally, Arete Research raised shares of SEA to a "strong-buy" rating in a research note on Sunday, March 23rd. Three equities research analysts have rated the stock with a hold rating, ten have assigned a buy rating and two have issued a strong buy rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average price target of $153.17.

SEA Trading Down 2.1%

The company has a current ratio of 1.51, a quick ratio of 1.49 and a debt-to-equity ratio of 0.18. The company's fifty day moving average is $156.33 and its 200-day moving average is $133.82. The firm has a market capitalization of $88.12 billion, a P/E ratio of 105.34 and a beta of 1.60.

SEA (NYSE:SE - Get Free Report) last announced its quarterly earnings data on Tuesday, May 13th. The Internet company based in Singapore reported $0.65 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.93 by ($0.28). SEA had a net margin of 4.87% and a return on equity of 10.74%. The business had revenue of $4.84 billion during the quarter, compared to analyst estimates of $4.90 billion. During the same quarter in the prior year, the company posted ($0.04) EPS. The company's quarterly revenue was up 29.6% compared to the same quarter last year. As a group, sell-side analysts anticipate that Sea Limited Sponsored ADR will post 0.74 earnings per share for the current fiscal year.

Institutional Investors Weigh In On SEA

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. MAI Capital Management boosted its stake in shares of SEA by 7.3% in the 1st quarter. MAI Capital Management now owns 1,198 shares of the Internet company based in Singapore's stock valued at $156,000 after purchasing an additional 82 shares during the last quarter. Pacer Advisors Inc. lifted its stake in SEA by 2.9% in the first quarter. Pacer Advisors Inc. now owns 3,082 shares of the Internet company based in Singapore's stock valued at $402,000 after buying an additional 87 shares in the last quarter. State of Wyoming grew its position in SEA by 3.1% in the fourth quarter. State of Wyoming now owns 3,010 shares of the Internet company based in Singapore's stock valued at $319,000 after purchasing an additional 90 shares in the last quarter. Blue Trust Inc. grew its holdings in shares of SEA by 4.8% in the 1st quarter. Blue Trust Inc. now owns 2,043 shares of the Internet company based in Singapore's stock valued at $267,000 after acquiring an additional 93 shares in the last quarter. Finally, SOA Wealth Advisors LLC. grew its holdings in shares of SEA by 13.3% in the 1st quarter. SOA Wealth Advisors LLC. now owns 850 shares of the Internet company based in Singapore's stock valued at $111,000 after acquiring an additional 100 shares in the last quarter. Institutional investors and hedge funds own 59.53% of the company's stock.

About SEA

Sea Ltd. is an internet and mobile platform company, which engages in the provision of online gaming services. It operates through the following segments: Digital Entertainment, E-Commerce, and Digital Financial Services. The Digital Entertainment segment offers and develops mobile and PC online games.