Spectra Energy Stock Bearish Momentum With A 31% Drop In The Last 10 Sessions

(VIANEWS) – Shares of Spectra Energy (NYSE: SE) dropped by a staggering 31.74% in 10 sessions from $88.08 to $60.12 at 14:50 EST on Monday, after five consecutive sessions in a row of losses. NYSE is jumping 0.69% to $15,078.69, following the last session’s upward trend.

Spectra Energy’s last close was $60.12, 35.84% under its 52-week high of $93.70.

About Spectra Energy

Sea Limited, together with its subsidiaries, engages in the digital entertainment, e-commerce, and digital financial service businesses in Southeast Asia, Latin America, rest of Asia, and internationally. It offers Garena digital entertainment platform for users to access mobile and PC online games, as well as eSports operations. The company also operates Shopee e-commerce platform, a mobile-centric marketplace that provides integrated payment and logistics infrastructure and seller services. In addition, it offers SeaMoney digital financial services to individuals and businesses, including offline and online mobile wallet, and payment processing services, as well as other offerings across credit, insurtech, and digital bank services under the ShopeePay, SPayLater, SeaBank, SeaInsure, and other digital financial services brands; and payment processing services for Shopee. The company was formerly known as Garena Interactive Holding Limited and changed its name to Sea Limited in April 2017. Sea Limited was incorporated in 2009 and is headquartered in Singapore.

Earnings Per Share

As for profitability, Spectra Energy has a trailing twelve months EPS of $-1.68.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is negative -15.87%.

More news about Spectra Energy (SE).

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