Do Traders Think Sea Ltd (SE) Can Turn Around Thursday?

Sea Ltd (SE) stock has fallen 8.11% over the past week and gets a Bearish rating from InvestorsObserver Sentiment Indicator.

Sea Ltd has a Bearish sentiment reading. Find out what this means for you and get the rest of the rankings on SE!

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What is Stock Sentiment?

When making investment decisions, sentiment gives a good overview of what stocks investors currently favor. Sentiment incorporates short-term technical analysis into its score and does not encompass any fundamental analysis such as profitability of the company. This means that earnings updates and other news can greatly impact overall sentiment. Recent trends are a good indicator of current market sentiments. In its most basic form, stocks that are trending up are desirable by investors while stocks currently falling must be unattractive. InvestorsObserver's Sentimental Indicator tracks both changes in price and volume to analyze the most recent trends. Typically an increase in volume indicates ongoing trends are getting stronger, while a decrease in volume usually signals an end to the current trend. Available options can also represent current sentiments for a given stock. Since investors are able to bet on future trends of stocks using options, we consider the ratio of calls to puts when analyzing market sentiments .

What's Happening With SE Stock Today?

Sea Ltd (SE) stock is trading at $55.84 as of 9:51 AM on Thursday, Sep 22, a loss of -$1.20, or -2.1% from the previous closing price of $57.04. The stock has traded between $55.64 and $57.26 so far today. Volume today is light. So far 238,171 shares have traded compared to average volume of 7,530,055 shares. To screen for more stocks like Sea Ltd click here.

More About Sea Ltd

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, facilitates e-wallet payments on Shopee and offline and provides other digital financial services such as credit lending. Click Here to get the full Stock Report for Sea Ltd stock.