Tencent Holdings Limited (OTCMKTS:TCEHY – Get Free Report) shares reached a new 52-week high on Wednesday . The stock traded as high as $67.70 and last traded at $67.55, with a volume of 7491641 shares. The stock had previously closed at $63.40.
Tencent Price Performance
The firm has a market cap of $619.98 billion, a P/E ratio of 35.55 and a beta of 0.16. The company has a quick ratio of 1.33, a current ratio of 1.35 and a debt-to-equity ratio of 0.31. The business’s 50 day moving average is $54.81 and its two-hundred day moving average is $53.14.
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.
Featured Articles
- Five stocks we like better than Tencent
- What is MarketRank™? How to Use it
- Corporate Crawl: Where Business Trips Turn Into Party Nights
- When to Sell a Stock for Profit or Loss
- CrowdStrike’s Growth Remains Strong—Buy While It’s Down
- Why Are These Companies Considered Blue Chips?
- Is Advanced Micro Devices Stock Slide Over?
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.
