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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 21.5% 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 $13.32. The Score for TME is 52, which is 4% above its historic median score of 50, and infers lower risk than normal.
  • TME is currently trading in the 50-60% 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 21.5% based on the past 6 years of stock performance.

Tencent Music Entertainment Group Stock Rating

Buy
52
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 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:
9.41

Prediction Charts

Market Cap:
22.5B
Price in USD:
13.32
Volume:
5.2M
Beta:
0.78

Technical Analysis

SMA50:
11.97
SMA100:
11.85
SMA200:
12.42
52-Wk Change:
28.57%

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 13.32 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
Feb-14 13.50 13.61 13.65 13.14
Feb-18 13.48 13.61 13.63 13.31
Feb-19 13.56 13.10 13.57 13.02
Feb-20 13.33 12.83 13.60 12.57
Feb-21 13.39 14.38 14.69 13.37
Feb-25 13.17 12.71 13.24 12.58
Feb-26 13.05 12.93 13.34 12.72
Feb-27 12.64 12.75 12.96 12.58
Feb-28 12.30 12.19 12.40 11.96
Mar-3 12.22 12.34 12.61 12.18
Mar-4 12.50 12.65 12.77 12.38
Mar-5 13.00 13.48 13.65 12.98
Mar-6 13.61 13.32 13.79 13.06
Mar-7 13.30 13.32 13.57 13.08

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 $0.00 per share, an increase this year of $0.11 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.