Sea Ltd ADR’s recently made public that its Other: Affiliate COAST BRIDGE INVESTMENTS LIMIT acquired Company’s shares for reported $217.17 million on Mar 25 ’25. In the deal valued at $130.30 per share,1,666,710 shares were bought.
Then, KUOK Khoon Hua bought 54,000 shares, generating $6,807,780 in total proceeds.
Before that, Alpha Ally Holdings Limited bought 640,000 shares. Sea Ltd ADR shares valued at $79,878,400 were divested by the Affiliate at a price of $124.81 per share.
JP Morgan downgraded its Sea Ltd ADR [SE] rating to a Neutral from a an Overweight in a research note published recently. A number of analysts have revised their coverage, including JP Morgan’s analysts, who increased its forecast for the stock in mid August from “a Neutral” to “an Overweight”. JP Morgan also remained covering SE and has decreased its forecast on June 25, 2024 with a “Neutral” recommendation from previously “an Overweight” rating.
Price Performance Review of SE
On Monday, Sea Ltd ADR [NYSE:SE] saw its stock jump 0.51% to $142.50. Over the last five days, the stock has gained 9.38%. Sea Ltd ADR shares have risen nearly 34.31% since the year began. Nevertheless, the stocks have risen 127.20% over the past one year. While a 52-week high of $147.73 was reached on 03/05/25, a 52-week low of $55.00 was recorded on 04/07/25. SMA at 50 days reached $126.67, while 200 days put it at $105.49.
Levels Of Support And Resistance For SE Stock
The 24-hour chart illustrates a support level at 140.53, which if violated will result in even more drops to 138.57. On the upside, there is a resistance level at 143.93. A further resistance level may holdings at 145.37. The Relative Strength Index (RSI) on the 14-day chart is 68.29, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 12.90, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 3.69%. Stochastics %K at 94.72% indicates the stock is a selling.
