Seeking to outpace the market, investors engage in the art of selecting individual stocks. The right picks can play a pivotal role in boosting your wealth.
In the latest session, Tencent Music Entertainment Group ADR (NYSE: TME) closed at $12.64 up 5.51% from its previous closing price of $11.98. In other words, the price has increased by $5.51 from its previous closing price. On the day, 13.95 million shares were traded. TME stock price reached its highest trading level at $12.7475 during the session, while it also had its lowest trading level at $11.85.
Ratios:
For a deeper understanding of Tencent Music Entertainment Group ADR’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 2.09 and its Current Ratio is at 2.09. In the meantime, Its Debt-to-Equity ratio is 0.09 whereas as Long-Term Debt/Eq ratio is at 0.06.
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:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Mar 31 ’25 when PAN TSAI-CHUN bought 1,036,363 shares for $14.35 per share.
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 21288288256 and an Enterprise Value of 18405449728. As of this moment, Tencent’s Price-to-Earnings (P/E) ratio for their current fiscal year is 21.41, and their Forward P/E ratio for the next fiscal year is 15.24. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.13. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.24 while its Price-to-Book (P/B) ratio in mrq is 2.14. Its current Enterprise Value per Revenue stands at 0.648 whereas that against EBITDA is 2.235.
Stock Price History:
The Beta on a monthly basis for TME is 0.55, which has changed by 0.06218493 over the last 52 weeks, in comparison to a change of 0.049593568 over the same period for the S&P500. Over the past 52 weeks, TME has reached a high of $15.77, while it has fallen to a 52-week low of $9.41. The 50-Day Moving Average of the stock is -3.64%, while the 200-Day Moving Average is calculated to be 2.91%.
Shares Statistics:
For the past three months, TME has traded an average of 8.48M shares per day and 8315360 over the past ten days. 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 68.74% stake in the company. Shares short for TME as of 1741910400 were 29376364 with a Short Ratio of 3.47, compared to 1739491200 on 23216523. Therefore, it implies a Short% of Shares Outstanding of 29376364 and a Short% of Float of 4.099999700000001.
Dividends & Splits
According to the company, the forward annual dividend rate for TME is 0.32, from 1.314 in the trailing year. Against a Trailing Annual Dividend Yield of 0.10968281
