Stoxline.com

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Stoxline Mobile
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Tencent Music Entertainment ADR (TME)

18.15   -0.07 (-0.38%) 04-15 00:11
Open: 18 Pre. Close: 18.22
High: 18.7 Low: 17.9003
Volume: 20,625,937 Market Cap: 30,720M
Tencent Music Entertainment Group operates online music entertainment platforms that provides music streaming, online karaoke, and live streaming services in the People's Republic of China. It offers QQ Music, Kugou Music, and Kuwo Music that enable users to discover and listen to music in personalized ways; and WeSing, which enables users to have fun by singing and interacting with friends, sharing their singing performances with friends, and discovering songs that others have sung. The company also operates Kugou Live and Kuwo Live that provides an interactive online stage for performers and users to showcase their talent and engage with those interested in their performance. In addition, it sells music-related merchandise, including Kugou M1 headsets, smart speakers, WeSing karaoke microphones, and Hi-Fi systems; and offers online music event ticketing services, as well as services to smart device and automobile makers to build and operate music services on devices and vehicles. Tencent Music Entertainment Group has a strategic partnership with CoMix Wave Films. The company was formerly known as China Music Corporation. The company was incorporated in 2012 and is headquartered in Shenzhen, China. Tencent Music Entertainment Group is a subsidiary of Tencent Holdings Limited.

Stock Price Prediction

Update at 5:00pm EST
If tomorrow: Open lower Open higher
High: 18.753 - 18.857 18.857 - 18.941
Low: 17.584 - 17.729 17.729 - 17.846
Close: 17.936 - 18.152 18.152 - 18.327

Technical analysis

as of: 2021-04-14 5:06:27 PM
Overall:       
Stoxline posted a SELL today, same as yesterday. Downward movement continues.
Target: Six months: 30.55     One year: 37.67
Support: Support1: 16.31    Support2: 13.57
Resistance: Resistance1: 26.16    Resistance2: 32.25
Pivot: 19.84
Moving Average: MA(5): 18.57     MA(20): 22.36
MA(100): 22.54     MA(250): 17.54
MACD: MACD(12,26): -2.10     Signal(9): -1.76
Stochastic oscillator: %K(14,3): 11.56     %D(3): 13.69
RSI: RSI(14): 32.87
52-week: High: 32.25  Low: 10.30  Change(%): 67.7
Average Vol(K): 3-Month: 3498542  10-Days: 4542526

Price, moving averages and Bollinger Bands

Price and moving averages has closed below its Short term moving average. Short term moving average is currently below mid-term; AND below long term moving averages. From the relationship between price and moving averages; we can see that: This stock is BEARISH in short-term; and NEUTRAL in mid-long term.
TME has closed above bottom band by 17.1%. Bollinger Bands are 8.8% narrower than normal. The current width of the bands does not suggest anything about the future direction or movement of prices.

Headline News

Wed, 14 Apr 2021
Sirius XM Holdings Inc. stock outperforms market on strong trading day - MarketWatch

Tue, 06 Apr 2021
Should You Buy Tencent Music Entertainment Group - ADR (TME) Stock Tuesday? - InvestorsObserver

Thu, 01 Apr 2021
Is Tencent Music Entertainment Group - ADR (TME) Stock at the Top of the Internet Content & Information Industry? - InvestorsObserver

Tue, 30 Mar 2021
Company News for Mar 30, 2021 - Yahoo Finance

Mon, 29 Mar 2021
5 Stocks To Watch For March 29, 2021 Benzinga - Benzinga

Mon, 29 Mar 2021
Baidu, Tencent Music defended by Citi bull after rout - Seeking Alpha

Financial Analysis

Growth n/a
Growth measures the growth of both a company's revenue and net income. it tells investors how fast a company is growing.
Profitability n/a
Profitability measures a company’s ability to generate earnings as compared to its expenses and other relevant costs.
Solvency n/a
Solvency measures a company's ability to meet its long-term debts. Acceptable solvency ratios will vary from industry to industry.
Efficiency n/a
Efficiency measures the strength of a company's return on invested capital. It can identify business that are better managed or not.
Price to Book Value: Outperform Discounted cash flow: Outperform
Return on Assets: Neutral Price to Earnings: Outperform
Return on Equity: Neutral Debt to Equity: Neutral
Free Technical Analysis Charts

Stock Basics & Statistics

Exchange:  NYSE
Sector:  Communication Services
Industry:  Internet Content & Information
Shares Out. (M) 1,680
Shares Float (M) 450
% Held by Insiders 12.15
% Held by Institutions 88.28
Shares Short (K) 74,770
Shares Short P. Month (K) 71,780

Stock Financials

EPS 0.380
EPS Est This Year
EPS Est Next Year
Book Value (p.s.) 4.790
Profit Margin 14.25
Operating Margin 14.02
Return on Assets (ttm) 4.2
Return on Equity (ttm) 8.7
Qtrly Rev. Growth 14.3
Gross Profit (p.s.) 5.536
Sales Per Share 2.643
EBITDA (p.s.) 0.407
Qtrly Earnings Growth 14.90
Operating Cash Flow (M) 743
Levered Free Cash Flow (M) 445

Stock Valuations

PE Ratio 47.76
PEG Ratio
Price to Book value 3.79
Price to Sales 6.87
Price to Cash Flow 41.01

Stock Dividends

Dividend
Forward Dividend
Dividend Yield
Dividend Pay Date Invalid DateTime.
Ex-Dividend Date Invalid DateTime.
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