Tencent Music Entertainment Group (NYSE: TME) flaunted slowness of -0.16% at $19.22, as the Stock market unbolted on April 09, 2021. During the day, the stock rose to $19.895 and sunk to $19.01 before settling in for the price of $19.25 at the close. Taking a more long-term approach, TME posted a 52-week range of $10.30-$32.25.
Nevertheless, stock’s Earnings Per Share (EPS) this year is 3.90%. This publicly-traded company’s shares outstanding now amounts to $1.66 billion, simultaneously with a float of $589.18 million. The organization now has a market capitalization sitting at $32.29 billion. At the time of writing, stock’s 50-day Moving Average stood at $25.36, while the 200-day Moving Average is $18.85.
It is quite necessary to find out the efficiency of the corporate organization, which has 4769 number of employees on its payroll. For the Profitability, stocks gross margin was +33.25, operating margin was +12.78 and Pretax Margin of +15.82.
Tencent Music Entertainment Group (TME) Ownership Facts and Figures
Sometimes it is also beneficial to study the sentiment of large-scale investors towards the stock of the Tencent Music Entertainment Group industry. Tencent Music Entertainment Group’s current insider ownership accounts for 12.15%, in contrast to 88.30% institutional ownership.
Tencent Music Entertainment Group (TME) Earnings and Revenue Records
Going through the last 3-months fiscal report unveiled on the 12/30/2020, it has been observed that the corporation posted $0.12 earnings per share (EPS) during the time that was better the consensus figure (set at $0.12) by $0. This company achieved a net margin of +14.25 while generating a return on equity of 8.45. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.12 per share during the current fiscal year.
Tencent Music Entertainment Group’s EPS increase for this current 12-month fiscal period is 3.90% and is forecasted to reach 0.67 in the upcoming year.
Tencent Music Entertainment Group (NYSE: TME) Trading Performance Indicators
Let’s observe the current performance indicators for Tencent Music Entertainment Group (TME). It’s Quick Ratio in the last reported quarter now stands at 3.30. The Stock has managed to achieve an average true range (ATR) of 1.96. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 7.26. Similarly, its price to free cash flow for trailing twelve months is now 43.30.
In the same vein, TME’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 0.38, a figure that is expected to reach 0.09 in the next quarter, and analysts are predicting that it will be 0.67 at the market close of one year from today.
Technical Analysis of Tencent Music Entertainment Group (TME)
Now, what If we examine the latest scores posted by [Tencent Music Entertainment Group, TME]. During the last 5-days, its volume was better the volume of 31.71 million it reported in year-ago period. During the previous 9 days, stock’s Stochastic %D was recorded 36.40% While, its Average True Range was 1.93.
Raw Stochastic average of Tencent Music Entertainment Group (TME) in the period of the previous 100 days is set at 21.18%, which indicates a major rise in contrast to 18.26% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 142.16% that was higher than 80.98% volatility it exhibited in the past 100-days period.