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Tencent Music Entertainment Group Stock Predictions

Tencent Music Entertainment Group Stock Forecast

  • Over the next 52 weeks, Tencent Music Entertainment Group has on average historically risen by 22.7% based on the past 6 years of stock performance.
  • Tencent Music Entertainment Group has risen higher in 4 of those 6 years over the subsequent 52-week period, corresponding to a historical accuracy of 66.67%
  • Is Tencent Music Entertainment Group Stock Undervalued?
    The current Tencent Music Entertainment Group [TME] share price is $17.52. The Score for TME is 77, which is 54% above its historic median score of 50, and infers lower risk than normal.
  • TME is currently trading in the 70-80% percentile range relative to its historical Stock Score levels.

Will Tencent Music Entertainment Group Stock Go Up Next Year?

  • Over the next 52 weeks, Tencent Music Entertainment Group has on average historically risen by 22.7% based on the past 6 years of stock performance.

Tencent Music Entertainment Group Stock Rating

Buy
77
Tencent Music Entertainment Group (TME) is a Buy

Is Tencent Music Entertainment Group overpriced?

  • Tencent Music Entertainment Group has risen higher in 4 of those 6 years over the subsequent 52-week period, corresponding to a historical accuracy of 66.67%

Tencent Music Entertainment Group Stock Price History

Is TME stock going to rise?

  • Based on the share price being above its 5, 20 & 50 day exponential moving averages, the current trend is considered strongly bullish and TME is experiencing buying pressure, which is a positive indicator for future bullish movement.

Stock Information

Stock Info

Exchange:
NYSE
Country:
China
Industry:
Entertainment
Sector:
Communication Services
Type:
stock
Website:
tencentmusic.com

52-Week Data

52-Week High:
17.55
52-Week Low:
9.41

Prediction Charts

Market Cap:
27B
Price in USD:
17.52
Volume:
8.6M
Beta:
0.70

Technical Analysis

SMA50:
14.12
SMA100:
13.06
SMA200:
12.28
52-Wk Change:
20.83%

Stock Predictions

  • Is Tencent Music Entertainment Group stock public?
    Yes, Tencent Music Entertainment Group is a publicly traded company.
  • What is the Tencent Music Entertainment Group stock quote today?
    The Tencent Music Entertainment Group stock price is 17.52 USD today.
  • How to buy Tencent Music Entertainment Group stock online?
    You can buy Tencent Music Entertainment Group shares by opening an account at a top tier brokerage firm, such as TD Ameritrade or tastyworks.

14-Day Historical Data

Date Opening Closing Minimum Maximum
May-6 14.26 14.41 14.70 14.22
May-7 14.46 14.25 14.57 14.10
May-8 14.53 14.21 14.58 13.96
May-9 14.43 14.08 14.55 13.95
May-12 14.41 14.33 14.69 14.25
May-13 13.58 14.69 14.90 13.30
May-14 15.38 16.99 17.05 15.38
May-15 16.63 16.36 16.68 15.97
May-16 16.63 16.62 16.88 16.61
May-19 16.36 16.74 16.77 16.21
May-20 16.88 17.01 17.11 16.73
May-21 16.98 16.99 17.30 16.82
May-22 17.00 16.93 17.15 16.82
May-23 16.84 17.52 17.55 16.82

Tencent Music Entertainment Group Earnings

Tencent Music Entertainment Group Earnings Report: Per Share Tencent Music Entertainment Group Earnings Q1 Q2 Q3 and Q4 last year and next year.

Tencent Music Entertainment Group Forecast Revenue Growth

Tencent Music Entertainment Group Stock Analysis: Historical quarterly revenues per share for Tencent Music Entertainment Group and historical quarterly revenue growth:

  • Analysts estimate an earnings increase this quarter of $0.03 per share, an increase next quarter of $0.04 per share, an increase this year of $0.16 per share, and an increase next year of $0.11 per share.

* Tencent Music Entertainment Group stock forecasts short-term for next days and weeks may differ from long term prediction for next month and year based on timeline differences.