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After finishing at $21.57 in the prior trading day, Tencent Music Entertainment Group ADR (NYSE: TME) closed at $21.23, down -1.58%. In other words, the price has decreased by -$1.58 from its previous closing price. On the day, 3.86 million shares were traded. TME stock price reached its highest trading level at $21.6 during the session, while it also had its lowest trading level at $21.22.
Ratios:
Our goal is to gain a better understanding of TME by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.83 and its Current Ratio is at 1.83. In the meantime, Its Debt-to-Equity ratio is 0.08 whereas as Long-Term Debt/Eq ratio is at 0.05.
On November 06, 2024, Barclays started tracking the stock assigning a Overweight rating and target price of $16.Barclays initiated its Overweight rating on November 06, 2024, with a $16 target price.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Jun 26 ’25 when PAN TSAI-CHUN bought 1,000,000 shares for $18.85 per share.
HU MIN bought 436,815 shares of TME for $8,187,490 on Jun 16 ’25. On Jun 12 ’25, another insider, PAN TSAI-CHUN, who serves as the Officer of the company, bought 1,000,000 shares for $18.92 each.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, TME now has a Market Capitalization of 33193740288 and an Enterprise Value of 46193504256. As of this moment, Tencent’s Price-to-Earnings (P/E) ratio for their current fiscal year is 25.12, and their Forward P/E ratio for the next fiscal year is 24.83. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.27. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.70 while its Price-to-Book (P/B) ratio in mrq is 2.96. Its current Enterprise Value per Revenue stands at 1.593 whereas that against EBITDA is 5.265.
Stock Price History:
The Beta on a monthly basis for TME is 0.49, which has changed by 0.50674236 over the last 52 weeks, in comparison to a change of 0.16564083 over the same period for the S&P500. Over the past 52 weeks, TME has reached a high of $22.50, while it has fallen to a 52-week low of $9.41. The 50-Day Moving Average of the stock is 13.04%, while the 200-Day Moving Average is calculated to be 51.98%.
Shares Statistics:
The stock has traded on average 6.54M shares per day over the past 3-months and 6391210 shares per day over the last 10 days, according to various share statistics. A total of 699.71M shares are outstanding, with a floating share count of 693.71M. Insiders hold about 0.86% of the company’s shares, while institutions hold 72.92% stake in the company. Shares short for TME as of 1751241600 were 22627168 with a Short Ratio of 3.46, compared to 1748563200 on 22877680. Therefore, it implies a Short% of Shares Outstanding of 22627168 and a Short% of Float of 4.65.
Dividends & Splits
In the trailing 12 months, TME’s forward annual dividend rate was 1.314, compared to 0.18 this year. Against a Trailing Annual Dividend Yield of 0.060917944
