Shares of Tencent Holdings Limited (OTCMKTS:TCTZF – Get Free Report) were down 3.6% on Thursday . The stock traded as low as $58.02 and last traded at $59.1880. Approximately 4,617 shares were traded during mid-day trading, a decline of 60% from the average daily volume of 11,476 shares. The stock had previously closed at $61.40.
Tencent Price Performance
The firm has a 50-day simple moving average of $64.15 and a two-hundred day simple moving average of $72.40.
About Tencent
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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