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Tencent Music Entertainment Group Stock Predictions

Tencent Music Entertainment Group Stock Forecast

  • Over the next 52 weeks, Tencent Music Entertainment Group has on average historically risen by 19.7% based on the past 6 years of stock performance.
  • Tencent Music Entertainment Group has risen higher in 4 of those 6 years over the subsequent 52-week period, corresponding to a historical accuracy of 66.67%
  • Is Tencent Music Entertainment Group Stock Undervalued?
    The current Tencent Music Entertainment Group [TME] share price is $18.61. The Score for TME is 69, which is 38% above its historic median score of 50, and infers lower risk than normal.
  • TME is currently trading in the 60-70% percentile range relative to its historical Stock Score levels.

Will Tencent Music Entertainment Group Stock Go Up Next Year?

  • Over the next 52 weeks, Tencent Music Entertainment Group has on average historically risen by 19.7% based on the past 6 years of stock performance.

Tencent Music Entertainment Group Stock Rating

Buy
69
Tencent Music Entertainment Group (TME) is a Buy

Is Tencent Music Entertainment Group overpriced?

  • Tencent Music Entertainment Group has risen higher in 4 of those 6 years over the subsequent 52-week period, corresponding to a historical accuracy of 66.67%

Tencent Music Entertainment Group Stock Price History

Is TME stock going to rise?

  • Based on the share price being above its 5, 20 & 50 day exponential moving averages, the current trend is considered strongly bullish and TME is experiencing buying pressure, which is a positive indicator for future bullish movement.

Stock Information

Stock Info

Exchange:
NYSE
Country:
China
Industry:
Entertainment
Sector:
Communication Services
Type:
stock
Website:
tencentmusic.com

52-Week Data

52-Week High:
19.40
52-Week Low:
9.41

Prediction Charts

Market Cap:
28.7B
Price in USD:
18.61
Volume:
5.9M
Beta:
0.75

Technical Analysis

SMA50:
15.47
SMA100:
14.25
SMA200:
12.82
52-Wk Change:
29.6%

Stock Predictions

  • Is Tencent Music Entertainment Group stock public?
    Yes, Tencent Music Entertainment Group is a publicly traded company.
  • What is the Tencent Music Entertainment Group stock quote today?
    The Tencent Music Entertainment Group stock price is 18.61 USD today.
  • How to buy Tencent Music Entertainment Group stock online?
    You can buy Tencent Music Entertainment Group shares by opening an account at a top tier brokerage firm, such as TD Ameritrade or tastyworks.

14-Day Historical Data

Date Opening Closing Minimum Maximum
May-30 17.24 16.84 17.28 16.41
Jun-2 17.15 17.36 17.59 17.04
Jun-3 17.39 17.38 17.47 17.11
Jun-4 17.47 17.70 17.94 17.43
Jun-5 17.70 17.78 17.90 17.57
Jun-6 17.37 17.96 18.06 17.26
Jun-9 18.23 18.51 18.82 18.23
Jun-10 19.37 18.34 19.40 18.14
Jun-11 18.49 18.58 18.68 18.29
Jun-12 19.13 18.82 19.31 18.60
Jun-13 18.39 18.42 18.81 18.35
Jun-16 18.53 18.86 19.00 18.45
Jun-17 18.71 18.20 18.75 18.19
Jun-18 18.41 18.61 18.73 18.24

Tencent Music Entertainment Group Earnings

Tencent Music Entertainment Group Earnings Report: Per Share Tencent Music Entertainment Group Earnings Q1 Q2 Q3 and Q4 last year and next year.

Tencent Music Entertainment Group Forecast Revenue Growth

Tencent Music Entertainment Group Stock Analysis: Historical quarterly revenues per share for Tencent Music Entertainment Group and historical quarterly revenue growth:

  • Analysts estimate an earnings increase this quarter of $0.03 per share, an increase next quarter of $0.04 per share, an increase this year of $0.16 per share, and an increase next year of $0.12 per share.

* Tencent Music Entertainment Group stock forecasts short-term for next days and weeks may differ from long term prediction for next month and year based on timeline differences.