Tencent (OTCMKTS:TCEHY - Get Free Report) is expected to be releasing its earnings data on Tuesday, May 13th. Analysts expect Tencent to post earnings of $0.88 per share and revenue of $24.19 billion for the quarter.
Tencent Stock Down 0.5 %
Shares of OTCMKTS:TCEHY traded down $0.31 during trading on Tuesday, hitting $63.64. 805,127 shares of the company's stock traded hands, compared to its average volume of 4,883,202. Tencent has a 52 week low of $44.96 and a 52 week high of $71.82. The company has a current ratio of 1.35, a quick ratio of 1.33 and a debt-to-equity ratio of 0.31. The company has a 50-day moving average price of $62.55 and a 200-day moving average price of $56.63. The company has a market cap of $585.70 billion, a price-to-earnings ratio of 33.49 and a beta of 0.14.
Wall Street Analyst Weigh In
Separately, Barclays reaffirmed an "overweight" rating and set a $88.00 price target on shares of Tencent in a report on Thursday, March 20th.
View Our Latest Report on TCEHY
About Tencent
(
Get Free Report)
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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