Piper Jaffray Companies initiated coverage on shares of Sea Limited (NYSE:SE) in a report issued on Tuesday morning. The firm issued an overweight rating and a $18.00 target price on the pipeline company’s stock.
Sea Limited (NYSE SE) traded down $0.30 during trading on Tuesday, reaching $14.71. 712,100 shares of the company’s stock traded hands, compared to its average volume of 1,717,889. The company has a debt-to-equity ratio of 1.15, a current ratio of 0.47 and a quick ratio of 0.40. Sea Limited has a 52-week low of $13.62 and a 52-week high of $16.99.
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About Sea Limited
Sea Limited, formerly Garena Interactive Holding Limited, is a Singapore-based Internet and mobile platform company. The Company is a platform provider for online personal computer (PC) and mobile digital content, e-commerce and payments across Asia. The Company offers Garena+, an online platform for people to meet, chat and play games with each other.
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