In Wednesday’s Wall Street session, Tencent Music Entertainment Group ADR (NYSE:TME) shares traded at $20.35, up 0.30% from the previous session.
TME stock price is now 18.28% away from the 50-day moving average and 51.24% away from the 200-day moving average. The market capitalization of the company currently stands at $14.24B.
, while ‘Barclays’ rates the stock as ‘Overweight’
In other news, PAN TSAI-CHUN, Officer bought 1,000,000 shares of the company’s stock on Jun 26 ’25. The stock was bought for $18,854,000 at an average price of $18.85. An SEC document containing details of the transaction can be found on the SEC’s website. On Jun 16 ’25, Officer HU MIN bought 436,815 shares of the business’s stock. A total of $8,187,490 was incurred on buying the stock at an average price of $18.74. A total of 0.86% of the company’s stock is owned by insiders.
During the past 12 months, Tencent Music Entertainment Group ADR has had a low of $9.41 and a high of $20.85. As of last week, the company has a debt-to-equity ratio of 0.08, a current ratio of 1.83, and a quick ratio of 1.83. According to the stock market information, the enterprise value for the company is $40878637056, which is based on a 24.08 price-to-earnings ratio, a 1.19 price-to-earnings-growth ratio, and a beta of 0.48. The fifty day moving average price for TME is $17.2044 and a two-hundred day moving average price translates $13.45535 for the stock.
The latest earnings results from Tencent Music Entertainment Group ADR (NYSE: TME) was released for 2025-03-31. The net profit margin was 32.75% and return on equity was 14.37% for TME. The company reported revenue of $1.01 billion for the quarter, compared to $900.0 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 12.67 percent.
