Tencent Music Entertainment Group Stock Predictions

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Sell

TME
Tencent Music Entertainment Group

Last Price:

9.56

Seasonality Move:

16.05%

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Tencent Music Entertainment Group Stock Forecast

Over the next 52 weeks, Tencent Music Entertainment Group has on average historically risen by 4.7% based on the past 5 years of stock performance.
Tencent Music Entertainment Group has risen higher in 3 of those 5 years over the subsequent 52-week period, corresponding to a historical accuracy of 60%
Is Tencent Music Entertainment Group Stock Undervalued?
The current Tencent Music Entertainment Group [TME] share price is $9.51. The Score for TME is 29, which is 42% below its historic median score of 50, and infers higher risk than normal.
TME is currently trading in the 20-30% 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 4.7% based on the past 5 years of stock performance.

Tencent Music Entertainment Group Stock Rating

Sell

Tencent Music Entertainment Group (TME) is a Sell

Is Tencent Music Entertainment Group overpriced?

Tencent Music Entertainment Group has risen higher in 3 of those 5 years over the subsequent 52-week period, corresponding to a historical accuracy of 60%

Tencent Music Entertainment Group Stock Price History

Is TME stock going to rise?

Based on the share price being below its 5, 20 & 50 day exponential moving averages, the current trend is considered strongly bearish and TME is experiencing slight selling pressure.

Stock Information

Stock Info

Exchange:

NYSE

Country:

China

Industry:

Entertainment

Sector:

Communication Services

Type:

stock

Website:

tencentmusic.com

52-Week Data

52-Week High:

15.77

52-Week Low:

5.96

Prediction Charts

Market Cap:

16.07B

Price in USD:

9.51

Volume:

5.85M

Beta:

0.77

Technical Analysis

SMA50:

12.43

SMA100:

13.28

SMA200:

11.53

52-Wk Change:

51.43%

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 9.51 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
Aug-26	10.15	10.70	10.83	10.12
Aug-27	10.90	10.73	11.03	10.70
Aug-28	10.66	10.18	10.72	10.07
Aug-29	10.43	10.47	10.58	10.36
Aug-30	10.68	10.44	10.72	10.31
Sep-3	10.28	10.35	10.50	10.25
Sep-4	10.41	10.46	10.53	10.34
Sep-5	10.44	10.32	10.54	10.27
Sep-6	10.27	10.18	10.49	10.13
Sep-9	10.13	10.15	10.31	9.88
Sep-10	10.16	9.65	10.25	9.62
Sep-11	9.69	9.75	9.77	9.55
Sep-12	9.74	9.75	9.86	9.66
Sep-13	9.73	9.51	9.73	9.43

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 $0.05 per share, an increase next quarter of $0.06 per share, an increase this year of $0.15 per share, and an increase next year of $0.12 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.