Investors Searchlight: Tencent Music Entertainment Group (TME)
Tencent Music Entertainment Group (TME) is stock in Technology sector that received attractive attention from Investors and traders. It gone under observation and created a move of -0.53% at the closed at $14.95 on Wednesday Trading session. Tencent Music Entertainment Group stock price identified moved of -7.77% from its 52-week maximum price level and marked a change of 26.59% from its 52-week minimum price level. These 52-week values data help to compare its recent price with high or low prices inside a one-year framework.
TME has a market cap of $25471.96M. Market capitalization refers to the total dollar market value of a company’s outstanding shares. The company holds Outstanding share with figure of 1703.81 million and noted 82 million floating shares. The company payout ratio stands at 0.00%.
Investors are searching for easily tradable or highly liquid stocks, here we screened Tencent Music Entertainment Group stock with recent volume of 3927499 shares. Particularly for day traders, high volume is crucial, as the higher the volume the more liquid the stock is. Looking around last three track record, it holds trading capacity of 8218.53K shares on average basis. If you own a stock that has extremely low daily volume, it may be difficult to get free of in a short time period. TME registered activity of relative volume at 0.48. The stock’s short float identified around of 22.30% and short ratio is measured at 2.22.
Return on Investment (ROI) is observed at 4.50%. Price to book ratio in most recent quarter was 4.5 while trailing twelve months period, price to sales ratio of the stock was 10.06. Analysts suggested consensus 2.2 rating after analysis. Institutional investors possessed 4.70% shares of the company and
Tencent Music Entertainment Group (TME) showed volatility of 5.86% in recent month and perceived a weekly volatility of 6.33%. ATR value pointed at 0.87. The Average True Range is a stock volatility indicator. The Average True Range is an exponential moving average (14-days) of the True Ranges.
EPS growth (earnings per share growth) illustrates the growth of earnings per share over time. EPS growth rates help investors identify stocks that are increasing or decreasing in profitability. The company expected annual growth of 42.26% for next 5 years. The company estimated to attain at 14.30% for next year. The company declared EPS (TTM) of 0.29.
The stock observed move of -0.53% during the past week. The stock marked a performance of 16.71% in the past month . The stock spotted 13.09% performance since the start of the calendar year.
Tencent Music Entertainment Group (TME) stock price is trading at a gap of 6.01% away from the 20-Day SMA and figured out a distance of 10.76% from the its 50-Day SMA. SMA 50 is an average stock price from the last 50 days calculated as an unweighted mean of the previous 50 stock closing prices. The current stock price is moving with difference of 10.76% to its 200-Day SMA. Simple moving average of 200 days for a stock is an unweighted moving average over the past 200 days.