Tencent Music Entertainment Group ADR (NYSE: TME) kicked off on Monday, up 1.78% from the previous trading day, before settling in for the closing price of $14.08. Over the past 52 weeks, TME has traded in a range of $9.41-$15.77.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Communication Services sector was 2.03%. While this was happening, its average annual earnings per share was recorded 21.59%. With a float of $693.71 million, this company’s outstanding shares have now reached $699.71 million.
Considering the fact that the conglomerate employs 5353 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 42.34%, operating margin of 30.67%, and the pretax margin is 30.67%.
Tencent Music Entertainment Group ADR (TME) Insider Activity
Our next focus will be how large-scale investors are participating in this stock of the Internet Content & Information Industry. The insider ownership of Tencent Music Entertainment Group ADR is 0.86%, while institutional ownership is 69.82%. The most recent insider transaction that took place on Mar 31 ’25, was worth 14,874,752.
Tencent Music Entertainment Group ADR (TME) Earnings and Forecasts
According to the Wall Street analysts, stocks earnings will be around 21.59% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 18.07% during the next five years compared to 11.19% growth over the previous five years of trading.
Tencent Music Entertainment Group ADR (NYSE: TME) Trading Performance Indicators
Take a look at Tencent Music Entertainment Group ADR’s (TME) current performance indicators. Last quarter, stock had a quick ratio of 2.09. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.54.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.59, a number that is poised to hit 0.17 in the next quarter and is forecasted to reach 0.83 in one year’s time.
Technical Analysis of Tencent Music Entertainment Group ADR (TME)
Compared to the last year’s volume of 7.94 million, its volume of 6.3 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 65.98%. Additionally, its Average True Range was 0.58.
During the past 100 days, Tencent Music Entertainment Group ADR’s (TME) raw stochastic average was set at 80.28%, which indicates a significant increase from 79.84% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 34.99% in the past 14 days, which was lower than the 55.24% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $13.42, while its 200-day Moving Average is $12.13. Nevertheless, the first resistance level for the watch stands at $14.60 in the near term. At $14.86, the stock is likely to face the second major resistance level. The third major resistance level sits at $15.04. If the price goes on to break the first support level at $14.16, it is likely to go to the next support level at $13.98. Should the price break the second support level, the third support level stands at $13.72.
Tencent Music Entertainment Group ADR (NYSE: TME) Key Stats
The company with the Market Capitalisation of 10.03 billion has total of 1,716,077K Shares Outstanding. Its annual sales at the moment are 3,951 M in contrast with the sum of 924,180 K annual income. Company’s last quarter sales were recorded 1,022 M and last quarter income was 268,000 K.
