Tencent Holdings Limited (OTCMKTS:TCEHY – Get Free Report) shares passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $40.71 and traded as high as $48.06. Tencent shares last traded at $47.55, with a volume of 1,634,580 shares.
Tencent Trading Down 1.8 %
The company has a fifty day simple moving average of $47.28 and a 200-day simple moving average of $40.71. The stock has a market cap of $447.30 billion, a price-to-earnings ratio of 25.03 and a beta of 0.22. The company has a current ratio of 1.45, a quick ratio of 1.45 and a debt-to-equity ratio of 0.31.
Tencent (OTCMKTS:TCEHY – Get Free Report) last issued its quarterly earnings results on Tuesday, May 14th. The technology company reported $0.65 EPS for the quarter, beating the consensus estimate of $0.61 by $0.04. Tencent had a net margin of 21.20% and a return on equity of 17.34%. The business had revenue of $22.28 billion during the quarter. On average, research analysts forecast that Tencent Holdings Limited will post 2.62 earnings per share for the current fiscal year.
Tencent Increases Dividend
Tencent Company Profile
Tencent Holdings Limited, an investment holding company, offers value-added services (VAS), online advertising, fintech, and business services in the People's Republic of China and internationally. It operates through VAS, Online Advertising, FinTech and Business Services, and Others segments. The company's consumers business provides communication and services, such as instant messaging and social network; digital content including online games, videos, live streaming, news, music, and literature; fintech services, which includes mobile payment, wealth management, loans, and securities trading; and various tools, such as network security management, browser, navigation, application management, email, etc.
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