Shares of Tencent Holding Ltd. (OTC:TCEHY - Get Free Report) traded down 0.3% on Thursday . The company traded as low as $60.95 and last traded at $61.25. 1,722,741 shares were traded during mid-day trading, a decline of 67% from the average session volume of 5,156,725 shares. The stock had previously closed at $61.43.
Tencent Stock Performance
The stock has a market capitalization of $561.96 billion, a PE ratio of 24.62 and a beta of 0.14. The company has a debt-to-equity ratio of 0.28, a quick ratio of 1.26 and a current ratio of 1.29. The firm's 50 day moving average is $62.47 and its two-hundred day moving average is $56.39.
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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