Tencent Holdings Limited (OTCMKTS:TCEHY – Get Free Report)’s share price crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $40.71 and traded as high as $48.06. Tencent shares last traded at $47.55, with a volume of 1,634,580 shares trading hands.
Tencent Price Performance
The stock has a market cap of $445.51 billion, a price-to-earnings ratio of 24.93 and a beta of 0.22. The company’s 50-day moving average is $47.62 and its 200-day moving average is $40.82. The company has a quick ratio of 1.45, a current ratio of 1.45 and a debt-to-equity ratio of 0.31.
Tencent (OTCMKTS:TCEHY – Get Free Report) last announced its quarterly earnings results on Tuesday, May 14th. The technology company reported $0.65 EPS for the quarter, beating the consensus estimate of $0.61 by $0.04. Tencent had a return on equity of 17.34% and a net margin of 21.20%. The business had revenue of $22.28 billion for the quarter. Equities research analysts expect that Tencent Holdings Limited will post 2.62 earnings per share for the current fiscal year.
Tencent Increases Dividend
Tencent Company Profile
Tencent Holdings Limited, an investment holding company, offers value-added services (VAS), online advertising, fintech, and business services in the People's Republic of China and internationally. It operates through VAS, Online Advertising, FinTech and Business Services, and Others segments. The company's consumers business provides communication and services, such as instant messaging and social network; digital content including online games, videos, live streaming, news, music, and literature; fintech services, which includes mobile payment, wealth management, loans, and securities trading; and various tools, such as network security management, browser, navigation, application management, email, etc.
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