14.80
Tencent Music Entertainment Group ADR stock is currently priced at $14.80, with a 24-hour trading volume of 15.72M.
It has seen a -0.34% decreased in the last 24 hours and a +0.95% rose in the past month.
The chart indicates a potential bullish trend, as the stock is above the $14.76 pivot point. If it approaches the $15.13 resistance level, significant changes may occur.
Previous Close:
$14.85
Open:
$14.57
24h Volume:
15.72M
Market Cap:
$25.40B
Revenue:
$3.85B
Net Income/Loss:
$726.78M
P/E Ratio:
35.25
EPS:
0.4198
Net Cash Flow:
$1.14B
1W Performance:
+5.19%
1M Performance:
+0.95%
6M Performance:
+64.08%
1Y Performance:
+77.25%
Tencent Music Entertainment Group ADR Stock (TME) Company Profile
Name
Tencent Music Entertainment Group ADR
Sector
Industry
Phone
86 755 8601 3388
Address
Malata Building, Kejizhongyi Road, 17th Floor Midwest District of Hi-tech Park Nanshan District, Shenzhen
Tencent Music Entertainment Group ADR Stock (TME) Upgrades & Downgrades
Date | Action | Analyst | Rating Change |
---|---|---|---|
Feb-05-24 | Initiated | CLSA | Outperform |
Feb-05-24 | Initiated | Redburn Atlantic | Buy |
Jan-24-24 | Upgrade | UBS | Neutral → Buy |
Nov-16-23 | Upgrade | JP Morgan | Neutral → Overweight |
Jul-31-23 | Downgrade | Citigroup | Buy → Neutral |
Jul-26-23 | Downgrade | JP Morgan | Overweight → Neutral |
May-17-23 | Upgrade | China Renaissance | Hold → Buy |
May-17-23 | Upgrade | Citigroup | Neutral → Buy |
May-17-23 | Upgrade | Macquarie | Underperform → Neutral |
Apr-24-23 | Initiated | Mizuho | Buy |
Jan-30-23 | Initiated | JP Morgan | Overweight |
Jan-13-23 | Initiated | Daiwa Securities | Buy |
Jan-09-23 | Upgrade | Goldman | Sell → Neutral |
Dec-01-22 | Upgrade | Morgan Stanley | Equal-Weight → Overweight |
Nov-21-22 | Upgrade | JP Morgan | Neutral → Overweight |
Nov-16-22 | Upgrade | The Benchmark Company | Hold → Buy |
Apr-11-22 | Resumed | Goldman | Sell |
Feb-18-22 | Downgrade | Goldman | Neutral → Sell |
Jan-20-22 | Downgrade | China Renaissance | Buy → Hold |
Dec-28-21 | Initiated | The Benchmark Company | Hold |
Nov-15-21 | Downgrade | UBS | Buy → Neutral |
Nov-09-21 | Downgrade | Citigroup | Buy → Neutral |
Sep-13-21 | Downgrade | Loop Capital | Buy → Hold |
Aug-18-21 | Downgrade | Deutsche Bank | Buy → Hold |
Aug-17-21 | Downgrade | HSBC Securities | Buy → Hold |
Aug-17-21 | Downgrade | Macquarie | Neutral → Underperform |
Jul-16-21 | Downgrade | Morgan Stanley | Overweight → Equal-Weight |
Jul-13-21 | Resumed | China Renaissance | Buy |
Mar-24-21 | Downgrade | Goldman | Buy → Neutral |
Mar-23-21 | Downgrade | China Renaissance | Buy → Hold |
Jan-27-21 | Downgrade | Macquarie | Outperform → Neutral |
Jan-19-21 | Reiterated | Oppenheimer | Outperform |
Dec-23-20 | Reiterated | Needham | Buy |
Sep-24-20 | Initiated | Needham | Buy |
Aug-14-20 | Upgrade | Oppenheimer | Perform → Outperform |
Jun-30-20 | Upgrade | UBS | Neutral → Buy |
Mar-12-20 | Upgrade | Morgan Stanley | Equal-Weight → Overweight |
Feb-19-20 | Downgrade | Oppenheimer | Outperform → Perform |
Feb-18-20 | Downgrade | KeyBanc Capital Markets | Overweight → Sector Weight |
Aug-05-19 | Initiated | Jefferies | Buy |
Jun-04-19 | Initiated | Loop Capital | Buy |
Mar-21-19 | Downgrade | Credit Suisse | Outperform → Neutral |
Feb-12-19 | Initiated | Macquarie | Outperform |
Jan-18-19 | Initiated | HSBC Securities | Buy |
Jan-17-19 | Initiated | JP Morgan | Overweight |
Jan-15-19 | Initiated | Morgan Stanley | Equal-Weight |
Jan-07-19 | Initiated | Goldman | Buy |
Jan-07-19 | Initiated | KeyBanc Capital Mkts | Overweight |
Jan-07-19 | Initiated | Morgan Stanley | Equal-Weight |
Jan-07-19 | Initiated | Stifel | Hold |
View All
Tencent Music Entertainment Group ADR Stock (TME) Latest News
There is no doubt that Tencent Music Entertainment Group ADR (TME) ticks all the boxes. – Sete News - SETE News
SETE News
5 Best GARP Stocks Based on Discounted PEG Ratio - Yahoo Lifestyle UK
Yahoo Lifestyle UK
Is Tencent Music Entertainment Group ADR (TME) a opportunity to investors? – US Post News - US Post News
US Post News
Uncovering the Potential of Tencent Music Entertainment Group ADR (TME) Stock - The InvestChronicle
The InvestChronicle
Market Watch: Tencent Music Entertainment Group ADR (TME)'s Noteworthy Drop, Closing at 14.07 – DWinneX - The Dwinnex
The Dwinnex
Should Value Investors Buy DHI Group (DHX) Stock? - Yahoo Singapore News
Yahoo Singapore News
Tencent Music Entertainment Group ADR Stock (TME) Financials Data
Tencent Music Entertainment Group ADR (TME) Revenue 2024
TME reported a revenue (TTM) of $3.85 billion for the quarter ending March 31, 2024, a -8.02% decline year-over-year.
Tencent Music Entertainment Group ADR (TME) Net Income 2024
TME net income (TTM) was $726.78 million for the quarter ending March 31, 2024, a +18.39% increase year-over-year.
Tencent Music Entertainment Group ADR (TME) Cash Flow 2024
TME recorded a free cash flow (TTM) of $1.14 billion for the quarter ending March 31, 2024, a +15.13% increase year-over-year.
Tencent Music Entertainment Group ADR (TME) Earnings per Share 2024
TME earnings per share (TTM) was $0.4645 for the quarter ending March 31, 2024, a +21.79% growth year-over-year.
About Tencent Music Entertainment Group ADR
Tencent Music Entertainment Group operates an online music entertainment platform that provides online music and music-centric social entertainment services in 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. The company was formerly known as China Music Corporation. The company was incorporated in 2012 and is based in Shenzhen, Chiane. Tencent Music Entertainment Group is a subsidiary of Tencent Holdings Limited.
Cap:
|
Volume (24h):