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Tencent Music Entertainment Group Stock Predictions

This Tech Company Grew 32,481%...

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Sell
14

TME
Tencent Music Entertainment Group

Last Price:
$9.17
Seasonality Move:
6.12%

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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 10.1% based on the past 7 years of stock performance.
  • Tencent Music Entertainment Group has risen higher in 4 of those 7 years over the subsequent 52-week period, corresponding to a historical accuracy of 57.14%
  • Is Tencent Music Entertainment Group Stock Undervalued?
    The current Tencent Music Entertainment Group [TME] share price is $9.17. The Score for TME is 14, which is 72% below its historic median score of 50, and infers higher risk than normal.
  • TME is currently trading in the 10-20% 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 10.1% based on the past 7 years of stock performance.

Tencent Music Entertainment Group Stock Rating

Sell
14
Tencent Music Entertainment Group (TME) is a Sell

Is Tencent Music Entertainment Group overpriced?

  • Tencent Music Entertainment Group has risen higher in 4 of those 7 years over the subsequent 52-week period, corresponding to a historical accuracy of 57.14%

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 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:
26.70
52-Week Low:
8.78

Prediction Charts

Market Cap:
14.1B
Price in USD:
9.17
Volume:
10.3M
Beta:
0.90

Technical Analysis

SMA50:
13.92
SMA100:
16.02
SMA200:
19.35
52-Wk Change:
-36.63%

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 9.17 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
Mar-16 14.51 15.09 15.46 14.51
Mar-17 12.81 11.37 13.00 11.33
Mar-18 11.35 10.30 11.41 10.14
Mar-19 10.17 10.29 10.64 9.86
Mar-20 10.20 10.09 10.38 10.02
Mar-23 10.09 9.97 10.27 9.87
Mar-24 9.85 9.86 9.93 9.53
Mar-25 9.95 9.73 10.08 9.64
Mar-26 9.54 9.49 9.65 9.36
Mar-27 9.48 9.43 9.68 9.40
Mar-30 9.42 9.31 9.48 9.22
Mar-31 9.36 9.28 9.47 9.15
Apr-1 9.39 9.19 9.39 9.10
Apr-2 8.91 9.17 9.18 8.78

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, a decrease next quarter of $0.01 per share, an increase this year of $0.06 per share, and an increase next year of $0.10 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.