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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 8.2% based on the past 5 years of stock performance.
  • Tencent Music Entertainment Group has risen higher in 3 of those 5 years over the subsequent 52-week period, corresponding to a historical accuracy of 60%
  • Is Tencent Music Entertainment Group Stock Undervalued?
    The current Tencent Music Entertainment Group [TME] share price is $11.53. The Score for TME is 47, which is 6% below its historic median score of 50, and infers higher risk than normal.
  • TME is currently trading in the 40-50% 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 8.2% based on the past 5 years of stock performance.

Tencent Music Entertainment Group Stock Rating

Sell
47
Tencent Music Entertainment Group (TME) is a Sell

Is Tencent Music Entertainment Group overpriced?

  • Tencent Music Entertainment Group has risen higher in 3 of those 5 years over the subsequent 52-week period, corresponding to a historical accuracy of 60%

Tencent Music Entertainment Group Stock Price History

Is TME stock going to rise?

  • The current trend is relatively stagnant 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:
15.77
52-Week Low:
7.93

Prediction Charts

Market Cap:
19.48B
Price in USD:
11.53
Volume:
4.61M
Beta:
0.79

Technical Analysis

SMA50:
11.58
SMA100:
12.06
SMA200:
12.22
52-Wk Change:
36.13%

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 11.53 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
Nov-5 11.64 11.73 11.81 11.54
Nov-6 11.29 11.62 11.62 11.28
Nov-7 11.98 11.78 12.11 11.61
Nov-8 11.39 11.39 11.60 11.21
Nov-11 11.59 11.55 11.77 11.51
Nov-12 10.78 10.92 11.10 10.36
Nov-13 10.92 10.67 10.99 10.37
Nov-14 10.33 10.81 10.82 10.11
Nov-15 10.90 11.07 11.25 10.88
Nov-18 11.12 11.49 11.64 10.90
Nov-19 11.40 11.15 11.47 11.10
Nov-20 11.25 11.44 11.50 11.22
Nov-21 11.34 11.52 11.73 11.26
Nov-22 11.26 11.53 11.57 11.17

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 $0.14 per share, and an increase next year of $0.11 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.