Tencent Holdings Limited (OTCMKTS:TCEHY – Get Free Report)’s stock price hit a new 52-week high during mid-day trading on Monday . The company traded as high as $70.00 and last traded at $69.79, with a volume of 7001171 shares. The stock had previously closed at $68.05.
Tencent Stock Up 2.6 %
The stock has a fifty day moving average price of $57.01 and a 200-day moving average price of $54.22. The firm has a market cap of $640.59 billion, a PE ratio of 36.73 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
- What Does a Gap Up Mean in Stocks? How to Play the Gap
- Can TikTok Stock Picks Really Make You Rich?
- Dividend King Proctor & Gamble Is A Buy On Post-Earnings Weakness
- The “Quality” Rotation: Back to Basics Investing
- How to Calculate Retirement Income: MarketBeat’s Calculator
- Occidental Petroleum: 4 Reasons to Love These Prices
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.