Tencent Music Entertainment Group ADR (TME): Price and Financial Metrics
TME Price/Volume Stats
| Current price | $6.38 | 52-week high | $9.29 |
| Prev. close | $6.23 | 52-week low | $3.14 |
| Day low | $6.36 | Volume | 5,566,200 |
| Day high | $6.49 | Avg. volume | 6,821,762 |
| 50-day MA | $6.49 | Dividend yield | N/A |
| 200-day MA | $7.51 | Market Cap | 10.95B |
TME Stock Price Chart Interactive Chart >
Tencent Music Entertainment Group ADR (TME) Company Bio
Tencent Music Entertainment Group (Chinese: 腾讯音乐娱乐集团) is a company that develops music streaming services for the Chinese market. Tencent Music's apps include QQ Music, Kugou, Kuwo, and WeSing; which have more than 800 million active users and 120 million paying subscribers. As of July 2016, Tencent Music's three services held an estimated 56% market share of music streaming services in China. (Source:Wikipedia)
Latest TME News From Around the Web
Below are the latest news stories about TENCENT MUSIC ENTERTAINMENT GROUP that investors may wish to consider to help them evaluate TME as an investment opportunity.
Unveiling Tencent Music Entertainment Group's Value: Is It Really Priced Right? A Comprehensive ...Delving into the intrinsic value and financial health of Tencent Music Entertainment Group (TME) |
Grab These 7 Winning Tech Stocks on Sale NowDive into these undervalued gems that stand out as promising tech stocks to buy, even within a volatile market landscape. |
The 3 Most Undervalued Chinese Stocks to Buy in September 2023The CCP government is increasing its stimulus efforts, which could revitalize these beaten-down Chinese stocks. |
Implied Volatility Surging for Tencent Music (TME) Stock OptionsInvestors need to pay close attention to Tencent Music (TME) stock based on the movements in the options market lately. |
China online platforms scrap lucky draw features amid gambling crackdownChinese online content platforms including Tencent Music and NetEase's Cloud Music have removed live streaming features that analysts say could be used for illegal gambling, at a hefty cost to their quarterly revenues. Analysts say online content platforms pulled the plug on features such as virtual lucky draws after the government in June started cracking down on live streaming, as part of a wider clampdown on online gambling. While the platforms say they ban gambling, analysts say the extremely popular lucky draws are often manipulated by live streamers colluding with viewers to share the prize. |
TME Price Returns
| 1-mo | -6.45% |
| 3-mo | -13.55% |
| 6-mo | -20.75% |
| 1-year | 57.14% |
| 3-year | -56.80% |
| 5-year | N/A |
| YTD | -22.95% |
| 2022 | 20.88% |
| 2021 | -64.40% |
| 2020 | 63.88% |
| 2019 | -11.20% |
| 2018 | N/A |
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