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Tencent Music Entertainment Group Stock Predictions

Buy
70

TME
Tencent Music Entertainment Group

Last Price:
15.42
Seasonality Move:
-3.42%

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Tencent Music Entertainment Group Stock Forecast

  • Over the next 52 weeks, Tencent Music Entertainment Group has on average historically risen by 23.2% 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 $15.42. The Score for TME is 70, which is 40% above its historic median score of 50, and infers lower risk than normal.
  • TME is currently trading in the 60-70% 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 23.2% based on the past 5 years of stock performance.

Tencent Music Entertainment Group Stock Rating

Buy
70
Tencent Music Entertainment Group (TME) is a Buy

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?

  • Based on the share price being above its 5, 20 & 50 day exponential moving averages, the current trend is considered strongly bullish and TME is experiencing slight buying pressure.

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:
5.70

Prediction Charts

Market Cap:
26.46B
Price in USD:
15.42
Volume:
7.98M
Beta:
0.77

Technical Analysis

SMA50:
12.08
SMA100:
10.75
SMA200:
8.96
52-Wk Change:
85.56%

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 15.42 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
Apr-30 12.73 12.55 12.82 12.48
May-1 12.52 12.39 12.61 12.36
May-2 12.75 13.05 13.16 12.64
May-3 13.01 13.50 13.50 12.96
May-6 13.49 13.57 13.66 13.43
May-7 13.42 13.34 13.44 13.22
May-8 13.12 13.25 13.37 12.96
May-9 13.44 13.38 13.60 13.26
May-10 13.40 13.34 13.48 13.26
May-13 13.78 14.80 14.89 13.69
May-14 14.44 14.66 14.86 14.38
May-15 14.72 15.36 15.44 14.66
May-16 15.25 15.49 15.77 15.14
May-17 15.45 15.42 15.65 15.04

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 $0.05 per share, an increase next quarter of $0.04 per share, an increase this year of $0.15 per share, and an increase next year of $0.12 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.