Tencent (OTC:TCTZF) Stock Price Up 3.1% – What’s Next?

Tencent Holdings Limited (OTC:TCTZFGet Free Report) rose 3.1% during trading on Thursday . The company traded as high as $69.99 and last traded at $69.31. Approximately 15,074 shares changed hands during mid-day trading, a decline of 50% from the average daily volume of 30,209 shares. The stock had previously closed at $67.25.

Tencent Stock Down 2.2 %

The business has a fifty day simple moving average of $55.58 and a 200 day simple moving average of $53.29.

About Tencent

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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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