Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
As of close of business last night, Tencent Music Entertainment Group ADR’s stock clocked out at $16.93, down -0.35% from its previous closing price of $16.99. In other words, the price has decreased by -$0.35 from its previous closing price. On the day, 3.82 million shares were traded.
Ratios:
To gain a deeper understanding of TME’s stock, we examine 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:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. 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:
As of this moment, Tencent’s Price-to-Earnings (P/E) ratio for their current fiscal year is 20.03, and their Forward P/E ratio for the next fiscal year is 19.92. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.01. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.95 while its Price-to-Book (P/B) ratio in mrq is 2.30.
Stock Price History:
Over the past 52 weeks, TME has reached a high of $17.30, while it has fallen to a 52-week low of $9.41. The 50-Day Moving Average of the stock is 20.76%, while the 200-Day Moving Average is calculated to be 38.22%.
Shares 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 73.45% stake in the company.
