The price of Tencent Music Entertainment Group ADR (NYSE:TME) shares last traded on Wall Street rose 18.48% to $18.61.
TME stock price is now 0.05 away from the 50-day moving average and May 13 BMO away from the 200-day moving average. The market capitalization of the company currently stands at $12.93B.
, while ‘Barclays’ rates the stock as ‘Overweight’
In other news, HU MIN, Officer bought 436,815 shares of the company’s stock on Jun 16 ’25. The stock was bought for $8,187,490 at an average price of $18.74. An SEC document containing details of the transaction can be found on the SEC’s website. On Jun 12 ’25, Officer PAN TSAI-CHUN bought 1,000,000 shares of the business’s stock. A total of $18,917,633 was incurred on buying the stock at an average price of $18.92. 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 $19.40. As of last week, the company has a debt-to-equity ratio of 1.83, a current ratio of 2.58, and a quick ratio of 9.07. According to the stock market information, the enterprise value for the company is $37793570816, which is based on a 21.87 price-to-earnings ratio, a 1.09 price-to-earnings-growth ratio, and a beta of 311.58%. The fifty day moving average price for TME is $15.6038 and a two-hundred day moving average price translates $12.8897 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. For the current quarter, analysts expect TME to generate $7.97B in revenue.
