Tencent Music Entertainment Group ADR (TME): Price and Financial Metrics
TME Price/Volume Stats
|Current price||$8.43||52-week high||$9.29|
|Prev. close||$8.51||52-week low||$5.70|
|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|
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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)
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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 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-
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.
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 […]
Q3 2023 Tencent Music Entertainment Group Earnings Call
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.
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