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Tencent Music Entertainment Group ADR (TME)
17  0.29 (1.74%) 11-27 13:00
Open: 16.59 Pre. Close: 16.71
High: 17.13 Low: 16.51
Volume: 5,750,432 Market Cap: 28,518M
Tencent Music Entertainment Group operates online music entertainment platforms that provides music streaming, online karaoke, and live streaming services in the People's Republic of China. It offers QQ Music, Kugou Music, and Kuwo Music that enable users to discover and listen to music in personalized ways; and WeSing, which enables users to have fun by singing and interacting with friends, sharing their singing performances with friends, and discovering songs that others have sung. The company also operates Kugou Live and Kuwo Live that provides an interactive online stage for performers and users to showcase their talent and engage with those interested in their performance. In addition, it sells music-related merchandise, including Kugou M1 headsets, smart speakers, WeSing karaoke microphones, and Hi-Fi systems; and offers online music event ticketing services, as well as services to smart device and automobile makers to build and operate music services on devices and vehicles. Tencent Music Entertainment Group has a strategic partnership with CoMix Wave Films. The company was formerly known as China Music Corporation. The company was incorporated in 2012 and is headquartered in Shenzhen, China. Tencent Music Entertainment Group is a subsidiary of Tencent Holdings Limited.
Prices Prediction (Update @5:00pm)
If tomorrow: Open lower Open higher
High: 16.728 - 16.811 16.811 - 16.894
Low: 15.939 - 16.023 16.023 - 16.109
Close: 16.571 - 16.708 16.708 - 16.847
Stock Technical Analysis
Overall:     
Target: Six months: 20.01
One year: 23.37
Support: Support1: 15.28
Support2: 14.14
Resistance: Resistance1: 17.13
Resistance2: 20.01
Pivot: 16.09
Moving Averages: MA(5): 16.68
MA(20): 15.86
MA(100): 15.43
MA(250): 13.47
MACD: MACD(12,26): 0.50
Signal(12,26,9): 0.40
%K %D: %K(14,3): 93.26
%D(3): 91.77
RSI: RSI(14): 68.10
52-Week: High: 17.97
Low: 9.22
Change(%): 35.6
Average Vol(K): 3-Month: 945909
10-Days: 929536
Price, MAs and Bollinger Bands
Price and moving averages has closed above its Short term moving average. Short term moving average is currently above mid-term; AND above long term moving averages. From the relationship between price and moving averages; we can see that: This stock is BULLISH in short-term; and NEUTRAL in mid-long term.

TME has closed below upper band by 13.3%. Bollinger Bands are 14% wider than normal. The current width of the bands does not suggest anything about the future direction or movement of prices.
Stock chart
Stock News
Mon, 26 Oct 2020
Tencent Music Entertainment Group Announces Appointment of New Independent Director - Yahoo Finance

Tue, 15 Sep 2020
Hedge Funds Have Never Been This Bullish On Tencent Music Entertainment (TME) - Yahoo Finance

Sat, 15 Aug 2020
Edited Transcript of TME.N earnings conference call or presentation 11-Aug-20 12:01am GMT - Yahoo Finance

Mon, 20 Jul 2020
Did Hedge Funds Make The Right Call On Tencent Music Entertainment Group (TME) ? - Yahoo Finance

Thu, 09 Jul 2020
Does Tencent Music Entertainment Group - ADR (TME) Stock Have Analysts Confidence? - InvestorsObserver

Wed, 08 Jul 2020
Is Price of TME Stock Justified by its Earnings? - InvestorsObserver

Financial Analysis
Growth n/a
Growth measures the growth of both a company's revenue and net income. it tells investors how fast a company is growing.
Profitability n/a
Profitability measures a company's ability to generate earnings as compared to its expenses and other relevant costs.
Solvency n/a
Solvency measures a company's ability to meet its long-term debts. Acceptable solvency ratios will vary from industry to industry.
Efficiency n/a
Efficiency measures the strength of a company's return on invested capital. It can identify business that are better managed or not.
Stock Basics & Statistics
Exchange:  NYSE
Sector:  Communication Services
Industry:  Internet Content & Information
Shares Out. (M) 1680.00
Shares Float (M) 419.39
% Held by Insiders 9.67
% Held by Institutions 75.02
Shares Short (K) 80180
Shares Short Prior Month (K) 61330
Stock Financials
EPS 0.320
Book Value (p.s.) 3.330
Profit Margin 14.23
Operating Margin
Return on Assets (ttm) 4.4
Return on Equity (ttm) 8.8
Qtrly Rev. Growth 16.4
Gross Profit (p.s.) 5.161
Sales Per Share
EBITDA (p.s.)
Qtrly Earnings Growth 10.30
Operating Cash Flow (M)
Levered Free Cash Flow (M)
Stock Valuation
PE Ratio 53.13
PEG Ratio 1.78
Price to Book value 5.11
Price to Sales
Price to Cash Flow
Stock Dividends
Dividend
Dividend Yield
Dividend Growth

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