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Stocks-TME-Tencent Music Entertainment Group-ADR

Tencent Music Entertainment Group-ADR TME

$23.56-0.74(-3.03%)(1D)
• Delayed prices by NYSE • in USD
Invest in Tencent Music Entertainment Group-ADR
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Buy Tencent Music Entertainment Group-ADR
Buy Tencent Music Entertainment Group-ADR
Tencent Music Entertainment Group-ADR TME
Buy TME
Analyst Forecast
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This 12-month forecast is based on a composite of analyst projections. Based on analysts with a rating of 4+ stars. This is not a prediction made by eToro nor is it investment advice.
Consensus
Strong Buy
Price Target
28.38
Based on analysts who covered TME

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Tencent Music Entertainment Group-ADR News

More about Tencent Music Entertainment Group-ADR
Tencent Music Entertainment Group operates an online music entertainment platform and music applications within the People's Republic of China. The company offers online music and music-centric social entertainment services. Incorporated in 2016, Tencent Music has its headquarters in Shenzhen, China.

Tencent Music primarily provides four music mobile apps within China: Kugou Music, QQ Music, WeSing, and Kuwo Music. As of December 2021, the company has a reported 800 million active users. Its platform offers online music, online karaoke, online audio, online concert, and music-centric live streaming services. Tencent Music's platform aims to provide a broad community for music fans to socialise and interact with, with the goal of acting as an all-in-one music and audio entertainment destination. The platform supports sharing, liking, following, commenting, and virtual gifting to enhance engagement and retention.

Traded on the NYSE, stock for Tencent Music is available under the ticker TME. The company has been publicly listed on the NYSE since December 2018. As of December 2021, Tencent Music employs more than 4,000 people full-time. Tencent Music Entertainment Group is a subsidiary of Tencent Holdings Limited.

Explore the TME share price changes and the latest news by adding Tencent Music Entertainment to your eToro watchlist.
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TME Stock Price Chart

‎-9.85‎
Past Month
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Asset negative trend

The Tencent Music Entertainment Group-ADR share price is on the decline this week.

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A ‘rising’ price indicates that the weekly price has increased by more than 0.5%.
A price ‘on the decline’ indicates that the weekly price has decreased by more than 0.5%.
A ‘stable’ price indicates that the change in weekly price is between -0.5% and 0.5%.
The Tencent Music Entertainment Group-ADR price today is $23.56, a ‎-3.03‎% change in the last 24 hours and ‎-7.34‎% in the past week. Tencent Music Entertainment Group-ADR price changed by ‎109.13‎% in the past year.
Market Cap
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Total value of all asset shares, calculated by multiplying the price by the total number of outstanding shares.
-
Day’s Range
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Shows the high and low prices of the day.
$23.51 - $24.2
52W Range
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Shows the high and low prices of the last year.
$9.36 - $26.64
Average Volume (3M)
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The average number of shares traded per day over the last three months.
-
Price-Earnings Ratio
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The result of this asset’s share price divided by its earnings per share.
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Revenue
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The total income generated by this company’s goods and services last year.
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Dividend (Yield)
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How much a company pays out in dividends each year relative to its stock price.
-
Prev Close
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The final price of this asset at the end of the last trading day.
$24.3
EPS
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A company’s total earnings divided by the number of shares it has issued.
-
Beta
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A measure of whether any asset does, or doesn’t, experience price moves in line with the broader market.
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What Is Tencent Music Entertainment Group-ADR?
Tencent Music Entertainment Group operates an online music entertainment platform and music applications within the People's Republic of China. The company offers online music and music-centric social entertainment services. Incorporated in 2016, Tencent Music has its headquarters in Shenzhen, China.

Tencent Music primarily provides four music mobile apps within China: Kugou Music, QQ Music, WeSing, and Kuwo Music. As of December 2021, the company has a reported 800 million active users. Its platform offers online music, online karaoke, online audio, online concert, and music-centric live streaming services. Tencent Music's platform aims to provide a broad community for music fans to socialise and interact with, with the goal of acting as an all-in-one music and audio entertainment destination. The platform supports sharing, liking, following, commenting, and virtual gifting to enhance engagement and retention.

Traded on the NYSE, stock for Tencent Music is available under the ticker TME. The company has been publicly listed on the NYSE since December 2018. As of December 2021, Tencent Music employs more than 4,000 people full-time. Tencent Music Entertainment Group is a subsidiary of Tencent Holdings Limited.

Explore the TME share price changes and the latest news by adding Tencent Music Entertainment to your eToro watchlist.
CEO
Zhu Liang, PhD
Employees
5.4K
Founded
2012
HQ
Shenzhen, Guangdong, CN
Software
NYSE
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How can I buy Tencent Music Entertainment Group-ADR stocks?

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01

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02

Deposit funds:

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03

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Buy Tencent Music Entertainment Group-ADR
Invest in Tencent Music Entertainment Group-ADR
Today
Create an eToro account to buy TME stock on a secure, user-friendly, multi-asset trading platform.
Buy TME

FAQ

The current price of TME is $23.56.
The average price target for Tencent Music Entertainment Group-ADR is $28.38. Sign up to eToro for detailed analyst forecasts and price targets.
Analysts offer forecasts for Tencent Music Entertainment Group-ADR based on market trends, financial reports and projected growth. Check the latest forecast for future price movements.
The market capitalisation of Tencent Music Entertainment Group-ADR is -
Based on 10 analysts offering recommendations for TME in the last 3 months, the overall consensus is Strong Buy.
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