Tencent Music Entertainment Group ADR (TME): Price and Financial Metrics

Tencent Music Entertainment Group ADR (TME): $6.38

0.15 (+2.41%)

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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 MusicKugouKuwo, 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)

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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)

Yahoo | September 22, 2023

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Josh Enomoto on InvestorPlace | September 20, 2023

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The CCP government is increasing its stimulus efforts, which could revitalize these beaten-down Chinese stocks.

Charles Munyi on InvestorPlace | September 12, 2023

Implied Volatility Surging for Tencent Music (TME) Stock Options

Investors need to pay close attention to Tencent Music (TME) stock based on the movements in the options market lately.

Yahoo | August 25, 2023

China online platforms scrap lucky draw features amid gambling crackdown

Chinese 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.

Yahoo | August 25, 2023

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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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