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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 20.8% based on the past 7 years of stock performance.
  • Tencent Music Entertainment Group has risen higher in 5 of those 7 years over the subsequent 52-week period, corresponding to a historical accuracy of 71.43%
  • Is Tencent Music Entertainment Group Stock Undervalued?
    The current Tencent Music Entertainment Group [TME] share price is $15.84. The Score for TME is 40, which is 20% below its historic median score of 50, and infers higher risk than normal.
  • TME is currently trading in the 30-40% 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 20.8% based on the past 7 years of stock performance.

Tencent Music Entertainment Group Stock Rating

Sell
40
Tencent Music Entertainment Group (TME) is a Sell

Is Tencent Music Entertainment Group overpriced?

  • Tencent Music Entertainment Group has risen higher in 5 of those 7 years over the subsequent 52-week period, corresponding to a historical accuracy of 71.43%

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 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:
26.70
52-Week Low:
11.61

Prediction Charts

Market Cap:
24.4B
Price in USD:
15.84
Volume:
6.3M
Beta:
0.78

Technical Analysis

SMA50:
17.56
SMA100:
20.07
SMA200:
19.89
52-Wk Change:
31.89%

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 15.84 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
Jan-15 17.25 16.60 17.37 16.07
Jan-16 16.36 16.58 16.66 16.32
Jan-20 16.35 16.21 16.40 16.06
Jan-21 16.22 16.08 16.26 15.81
Jan-22 16.26 16.04 16.38 15.99
Jan-23 16.26 16.80 17.00 16.26
Jan-26 17.09 16.92 17.29 16.53
Jan-27 16.90 16.95 17.07 16.55
Jan-28 17.44 17.23 17.77 17.18
Jan-29 17.47 17.17 17.59 16.67
Jan-30 16.75 16.78 17.17 16.70
Feb-2 16.59 16.55 16.71 16.38
Feb-3 16.45 16.40 16.49 16.16
Feb-4 16.34 15.84 16.39 15.60

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 $0.04 per share, a decrease next quarter of $0.00 per share, an increase this year of $0.11 per share, and an increase next year of $0.17 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.