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Tencent Music Entertainment Group Stock Predictions

This Tech Company Grew 32,481%...

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Buy
74

TME
Tencent Music Entertainment Group

Last Price:
$22.41
Seasonality Move:
-17.19%

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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 20.9% 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 $21.44. The Score for TME is 74, which is 48% 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 20.9% based on the past 6 years of stock performance.

Tencent Music Entertainment Group Stock Rating

Buy
74
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 slight buying 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:
21.64
52-Week Low:
9.41

Prediction Charts

Market Cap:
33B
Price in USD:
21.44
Volume:
4.6M
Beta:
0.77

Technical Analysis

SMA50:
17.91
SMA100:
15.59
SMA200:
13.68
52-Wk Change:
41.71%

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 21.44 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
Jun-26 18.73 18.70 18.96 18.61
Jun-27 18.70 19.10 19.25 18.65
Jun-30 19.28 19.49 19.58 19.21
Jul-1 19.42 19.24 19.49 18.88
Jul-2 19.20 19.17 19.28 18.91
Jul-3 18.91 19.46 19.47 18.82
Jul-7 19.83 20.04 20.37 19.83
Jul-8 20.25 20.29 20.85 20.20
Jul-9 20.26 20.35 20.62 20.12
Jul-10 20.38 20.00 20.47 19.94
Jul-11 20.00 19.79 20.11 19.57
Jul-14 19.80 20.67 20.81 19.74
Jul-15 21.00 21.29 21.56 20.91
Jul-16 21.48 21.44 21.64 21.11

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 $0.12 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.