Tencent Holdings Limited (OTCMKTS:TCEHY – Get Free Report) passed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $51.58 and traded as high as $61.75. Tencent shares last traded at $61.53, with a volume of 9,022,192 shares changing hands.
Tencent Trading Up 6.5 %
The business’s fifty day moving average is $52.23 and its 200-day moving average is $51.58. The firm has a market cap of $567.62 billion, a P/E ratio of 32.38 and a beta of 0.16. The company has a debt-to-equity ratio of 0.31, a quick ratio of 1.33 and a current ratio of 1.35.
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.
See Also
- Five stocks we like better than Tencent
- Using the MarketBeat Dividend Yield Calculator
- NVIDIA’s Hidden AI Play: The Truth Behind Its WeRide Investment
- Insider Buying Explained: What Investors Need to Know
- Up 50% in January, Twilio’s Pullback Is the Time to Buy
- What is a Dividend Harvesting Strategy and How Can Investors Profit from it?
- Watch These 3 Stocks—High Short Interest and Big Upside Potential
Receive News & Ratings for Tencent Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Tencent and related companies with MarketBeat.com's FREE daily email newsletter.
