Tencent Holding Ltd. (OTCMKTS:TCEHY - Get Free Report) shares gapped down prior to trading on Thursday . The stock had previously closed at $85.04, but opened at $82.43. Tencent shares last traded at $82.74, with a volume of 373,770 shares changing hands.
Tencent Stock Performance
The company has a quick ratio of 1.25, a current ratio of 1.25 and a debt-to-equity ratio of 0.27. The company has a market capitalization of $759.19 billion, a PE ratio of 26.78 and a beta of 0.11. The stock's fifty day simple moving average is $74.53 and its 200-day simple moving average is $67.46.
Tencent Company Profile
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Tencent Holdings Limited, an investment holding company, offers value-added services (VAS), online advertising, fintech, and business services in the People's Republic of China and internationally. It operates through VAS, Online Advertising, FinTech and Business Services, and Others segments. The company's consumers business provides communication and services, such as instant messaging and social network; digital content including online games, videos, live streaming, news, music, and literature; fintech services, which includes mobile payment, wealth management, loans, and securities trading; and various tools, such as network security management, browser, navigation, application management, email, etc.
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