Sea Ltd. ADRs Gain Over 7% to 52-week High as Goldman Raises Price Target
Sea Ltd. ADRs Gain Over 7% to 52-week High as Goldman Raises Price Target
DJ Sea Ltd. ADRs Gain Over 7% to 52-week High as Goldman Raises Price Target
By Stephen Nakrosis
The American depository receipts of Sea Ltd. (SE) are trading higher on the New York Stock Exchange Wednesday and touched a 52-week high earlier in the session, after Goldman Sachs raised its price target on the company's stock.
At 3:28 p.m. EST, the ADRs of the online gaming company were trading 7.41% higher, at $44.37. Volume topped 6 million shares, above the 65-day average volume of some 4 million.
Earlier in the session, the ADRs, which opened at $43.55, were trading at $45.15, a 52-week high.
Goldman Sachs raised its price target to $50 a share from $42.50 and maintained a buy recommendation on the company, as reported by Benzinga.
--Write to Stephen Nakrosis at stephen.nakrosis@wsj.com
(END) Dow Jones Newswires
January 22, 2020 15:37 ET (20:37 GMT)
Copyright (c) 2020 Dow Jones & Company, Inc.
DJ Sea Ltd. ADRs Gain Over 7% to 52-week High as Goldman Raises Price Target
DJ Sea Ltd.美國存託憑證(ADR)上漲逾7%，至52周高位，高盛上調目標價
By Stephen Nakrosis
作者：斯蒂芬·納克西
The American depository receipts of Sea Ltd. (SE) are trading higher on the New York Stock Exchange Wednesday and touched a 52-week high earlier in the session, after Goldman Sachs raised its price target on the company's stock.
週三，在高盛(Goldman Sachs)上調Sea Ltd.股票目標價後，Sea Ltd.的美國存託憑證(ADR)在紐約證券交易所(New York Stock Exchange)上漲，盤中早些時候觸及52周高點。
At 3:28 p.m. EST, the ADRs of the online gaming company were trading 7.41% higher, at $44.37. Volume topped 6 million shares, above the 65-day average volume of some 4 million.
下午3點28分美國東部時間，這家在線遊戲公司的美國存託憑證(ADR)上漲7.41%，至44.37美元。成交量超過600萬股，高於約400萬股的65天平均成交量。
Earlier in the session, the ADRs, which opened at $43.55, were trading at $45.15, a 52-week high.
盤中早些時候，美國存託憑證(ADR)開盤報43.55美元，交易價格為45.15美元，為52周高位。
Goldman Sachs raised its price target to $50 a share from $42.50 and maintained a buy recommendation on the company, as reported by Benzinga.
據Benzinga報道，高盛(Goldman Sachs)將目標價從每股42.50美元上調至50美元，並維持對該公司的買入建議。
--Write to Stephen Nakrosis at stephen.nakrosis@wsj.com
--寫信給斯蒂芬·納克希爾斯，電子郵件：stehen.naksim@wsj.com
(END) Dow Jones Newswires
(完)道瓊通訊社
January 22, 2020 15:37 ET (20:37 GMT)
2020年1月22日東部時間15：37(格林尼治標準時間20：37)
Copyright (c) 2020 Dow Jones & Company, Inc.
版權所有(C)2020道瓊斯公司。
譯文內容由第三人軟體翻譯。
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