Rotating into Defensives? Sea Limited (SE), Qutoutiao Inc. (QTT)

The shares of Sea Limited (NYSE:SE) went down during the trading session by -$0.22 on Wednesday, trading at $22.88. The stock has a 52-week low of $10.06 while its 52 weeks high is $25.14. The total market cap for the stock is $7.75B its price-to-earnings-growth ratio reads 9.37.

SE has flown up as the subject of gossips for a number of analysts. Analysts at Citigroup Initiated the shares of Sea Limited to Buy when they released a research note on November 16th, 2017. Stifel analysts Initiated the shares of Sea Limited to Buy in a research note they presented on November 14th, 2017, but they now have set a price target of $19. Analysts at Piper Jaffray Initiated the shares of Sea Limited to Overweight when they released a research note on November 14th, 2017, but they now have set a price target of $18.

The current market cap of Qutoutiao Inc. is valued at $3.77B. The value there would make it reasonable for the investors to decide the dimensions of Qutoutiao Inc. not at all like the standard sales or statistics of their aggregate resources.

Taking a look at the current stock price for Qutoutiao Inc. (NASDAQ:QTT), we could notice that the shares are trading close to the $12.18 level. Financial specialists have a propensity for following stock value levels in connection to their 52-week high and low levels. The 52-week high of the stock is currently $20.39 while its 52-weeks low stands at $4.00.

The performance of Qutoutiao Inc. (NASDAQ:QTT), over the past seven days has increased by 6.62%, over the past one-month price index is 13.32% while over the last three months is +155.94%. Its six months performance has been +110.39%.

Notwithstanding that, the passion for the stock has increased, which sees an increase in its trading volume by 3.3% above its longer-run average levels. This information shouldn’t be overlooked due to the greatly float size in the stock of shares.

Trading at the moment with a market cap of $3.77B, QTT has a significant cash 341.79 million on their books, which will have to be weighed and compared to their $131.62 million in total current liabilities. QTT is raking in trailing 12 months revenue which is around 143.67 million. Notwithstanding that, the firm is seeing a foremost top-line progress, with their year-over-year quarterly revenue increasing by 426.20%.