A new trading day began on Friday, with Tencent Music Entertainment Group ADR (NYSE: TME) stock price down -4.62% from the previous day of trading, before settling in for the closing price of $22.31. TME’s price has ranged from $10.11 to $26.70 over the past 52 weeks.
Annual sales at Communication Services sector company grew by 11.19% over the past five years. Meanwhile, its annual earnings per share averaged 57.73%. With a float of $576.15 million, this company’s outstanding shares have now reached $576.15 million.
Tencent Music Entertainment Group ADR (TME) Insider and Institutional Ownership
As we move forward, let’s examine how large-scale investors are investing 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 78.99%. The most recent insider transaction that took place on Aug 27 ’25, was worth 12,605,807. Before that another transaction happened on Aug 18 ’25, when Company’s Officer proposed sale 400,960 for $25.83, making the entire transaction worth $10,358,603.
Tencent Music Entertainment Group ADR (TME) Latest Financial update
In its latest quarterly report, released on 9/30/2024, the company reported earnings of 1.16 per share, which was $0.1 lower than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.6 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 57.73% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 22.61% 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
Here are Tencent Music Entertainment Group ADR’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 1.87. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.92.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.91, a number that is poised to hit 0.21 in the next quarter and is forecasted to reach 0.93 in one year’s time.
Technical Analysis of Tencent Music Entertainment Group ADR (TME)
Tencent Music Entertainment Group ADR (NYSE: TME) saw its 5-day average volume 4.66 million, a negative change from its year-to-date volume of 6.84 million. As of the previous 9 days, the stock’s Stochastic %D was 21.34%.
During the past 100 days, Tencent Music Entertainment Group ADR’s (TME) raw stochastic average was set at 37.56%, which indicates a significant increase from 9.81% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 0.59 in the past 14 days, which was lower than the 0.64 volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $23.60, while its 200-day Moving Average is $18.46. Nevertheless, the first resistance level for the watch stands at $21.67 in the near term. At $22.05, the stock is likely to face the second major resistance level. The third major resistance level sits at $22.39. If the price goes on to break the first support level at $20.95, it is likely to go to the next support level at $20.61. The third support level lies at $20.23 if the price breaches the second support level.
Tencent Music Entertainment Group ADR (NYSE: TME) Key Stats
With a market capitalization of 12.26 billion, the company has a total of 1,716,077K Shares Outstanding. Currently, annual sales are 3,951 M while annual income is 924,180 K. The company’s previous quarter sales were 1,178 M while its latest quarter income was 336,000 K.
