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

Tencent Music Entertainment Group ADR (TME): $8.43

0.08 (-0.94%)

POWR Rating

Component Grades

Momentum

C

Stability

C

Sentiment

Quality

C

TME Price/Volume Stats

Current price $8.43 52-week high $9.29
Prev. close $8.51 52-week low $5.70
Day low $8.31 Volume 6,197,900
Day high $8.63 Avg. volume 7,061,354
50-day MA $7.24 Dividend yield N/A
200-day MA $7.27 Market Cap 14.47B

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.

Tencent's Business Is Thriving And It Has Taken Precautions Against The U.S. Chip Export Curbs

Tencent Holdings Limited (OTC: TCEHY) posted impressive third quarter results last week. The world's largest video game company and operator of the WeChat messaging platform showed that the gaming segment rebounded from China’s tech regulatory crackdown, along with shining advertising sales. Earlier this month, Tencent revealed it made a deal with Meta Platforms (NASDAQ: META) to sell its VR headsets. This move will allow Meta to return to China and face Apple Inc (NASDAQ: AAPL) whose new mixed-

Yahoo | November 21, 2023

Target upgraded following Q3 beat, Intel raised to Buy: 4 big analyst picks

Here is your Pro Recap of the biggest analyst picks you may have missed since yesterday: upgrades at Target, Intel, Tencent Music Entertainment Group , and a Buy initiation at Wayfair. Mizuho Securities upgraded Intel (NASDAQ:INTC) to Buy from Neutral and raised its price target to $50.00 from $37.00. The analysts cited several reasons for this upgrade.

Yahoo | November 16, 2023

Tencent Music Entertainment Group (NYSE:TME) Q3 2023 Earnings Call Transcript

Tencent Music Entertainment Group (NYSE:TME) Q3 2023 Earnings Call Transcript November 14, 2023 Tencent Music Entertainment Group beats earnings expectations. Reported EPS is $0.89, expectations were $0.12. Millicent Tu: Good evening, good morning. Welcome to Tencent Music Entertainment Group’s Third Quarter 2023 Earnings Webinar. I am Millicent Tu, Head of IR and the company. TME […]

Yahoo | November 15, 2023

Q3 2023 Tencent Music Entertainment Group Earnings Call

Q3 2023 Tencent Music Entertainment Group Earnings Call

Yahoo | November 15, 2023

Tencent Music Entertainment Group Announces Third Quarter 2023 Unaudited Financial Results

Tencent Music Entertainment Group ("TME," or the "Company") (NYSE: TME and HKEX: 1698), the leading online music and audio entertainment platform in China, today announced its unaudited financial results for the third quarter ended September 30, 2023.

Yahoo | November 14, 2023

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TME Price Returns

1-mo 12.55%
3-mo N/A
6-mo 9.77%
1-year 13.92%
3-year -49.64%
5-year N/A
YTD 1.81%
2022 20.88%
2021 -64.40%
2020 63.88%
2019 -11.20%
2018 N/A

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