The Technical Analyst
Tencent Music [TME]
Exchange: NYSE Sector: Communication Services Industry: Internet Content & Information
Tencent Music Price, Forecast, Insider, Ratings, Fundamentals & Signals
1.09% CNY13.40
America/New_York / 9 mai 2024 @ 15:27
| FUNDAMENTALS | |
|---|---|
| MarketCap: | 22 258 mill |
| EPS: | 0.430 |
| P/E: | 31.15 |
| Earnings Date: | May 13, 2024 |
| SharesOutstanding: | 1 661.67 mill |
| Avg Daily Volume: | 7.83 mill |
| RATING 2024-05-09 |
|---|
| A- |
| Buy |
| RATINGS | ||
|---|---|---|
| Rating CashFlow: | Neutral | |
| Return On Equity: | Buy | |
| Return On Asset: | Strong Buy | |
| DE: | Sell | |
| P/E: | Buy | |
| Price To Book: | Neutral |
| QUARTER GROWTHS | ||||||
|---|---|---|---|---|---|---|
| 3/22 | 4/22 | 1/23 | 2/23 | 3/23 | 4/23 | |
| Revenue | ||||||
| Gr.Profit | ||||||
| Ebit | ||||||
| Asset | ||||||
| Debt |
| PE RATIO: COMPANY / SECTOR |
|---|
| 2.44x |
| Company: PE 31.15 | sector: PE 12.79 |
| PE RATIO: COMPANY / INDUSTRY |
|---|
| 1.88x |
| Company: PE 31.15 | industry: PE 16.53 |
| DISCOUNTED CASH FLOW VALUE |
|---|
|
CNY9.27 (-30.83%) CNY-4.13 |
| Date: 2024-05-09 |
| Expected Trading Range (DAY) |
|---|
|
CNY 13.01 - 13.78 ( +/- 2.90%) |
| ATR Model: 14 days |
Live Trading Signals (every 1 min)
Forecast
1: 15:36 - CNY13.39
Forecast 2: 16:00 - CNY13.39
Forecast 3: 16:00 - CNY13.39
SCORE
10.00
Buy
10.00
Buy
Score Algorithm Version: 1.2C
Last version updated: Fri April 15th, 2022
Last version updated: Fri April 15th, 2022
| Indicator Signals | |
|---|---|
| RSI 21 | |
| SMA | |
| Trend | |
| Trend 2 | |
| Trend 3 | |
| MACD |
| Volume Signals | |
|---|---|
| Price | CNY13.40 (1.09% ) |
| Volume | 7.15 mill |
| Avg. Vol. | 7.83 mill |
| % of Avg. Vol | 91.28 % |
| Signal 1: | |
| Signal 2: |
Today
Last 12 Months
RSI
Last 10 Buy & Sell Signals For TME
0 Signals | Accuracy: 0.00% | Accuracy Buy: 0.00% | Accuracy Sell: 0.00%
Avg return buy: 0.00 % | Avg return sell: 0.00 %
$1 invested is now $1.00 or 0.00% since Coming Soon
| Date | Signal | @ | Closed | % |
|---|
TME
Tencent Music Entertainment Group operates online music entertainment platforms to provide 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 Music, Kuwo Music, WeSing, QQ Music, 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; and Kuwo Changting, an audio platform that offers users various audio content, including audio books, cross-talks, radio dramas, and other entertainment. In addition, it sells music-related merchandise, including Kugou 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 China Literature. The company is headquartered in Shenzhen, China. Tencent Music Entertainment Group is a subsidiary of Tencent Holdings Limited.
Latest Press Releases
2024-04-18 16:50:00 - Press Release
Tencent Music Entertainment Group Filed 2023 Annual Report On Form 20-f
Shenzhen, china , april 18, 2024 /prnewswire/ -- tencent music entertainment group ("tme", or the "company") (nyse: tme and hkex: 1698), the leading online music and audio entertainment platform in china, today announced that it has filed its annual report on form 20-f that includes its audited financial statements for the fiscal year ended december 31, 2023 with the securities and exchange commission (the "sec") on april 18, 2024, u. s. eastern time.
2024-02-20 05:00:00 - Press Release
Tencent Music Entertainment Group To Report Fourth Quarter And Full Year 2023 Financial Results On March 19, 2024
Shenzhen, china , feb. 20, 2024 /prnewswire/ -- tencent music entertainment group ("tme", or the "company") (nyse: tme and hkex: 1698), the leading online music and audio entertainment platform in china, today announced that it will report its unaudited financial results for the fourth quarter and full year of 2023 before the u.s. market opens on tuesday, march 19, 2024. tme's management will host a tencent meeting webinar on tuesday, march 19, 2024, at 7:00 a.m.
2023-11-30 23:00:00 - Press Release
Tencent Music Entertainment Group Announces Management Change
Shenzhen, china , nov. 30, 2023 /prnewswire/ -- tencent music entertainment group ("tme," or the "company") (nyse: tme and hkex: 1698), the leading online music and audio entertainment platform in china, today announced that mr. lixue shi has tendered his resignation as the company's group vice president and in his other relevant roles for personal reasons, effective december 31, 2023.
2023-02-20 05:00:00 - Press Release
Tencent Music Entertainment Group To Report Fourth Quarter And Full Year 2022 Financial Results On March 21, 2023 Eastern Time
Shenzhen, china , feb. 20, 2023 /prnewswire/ -- tencent music entertainment group ("tme", or the "company") (nyse: tme and hkex: 1698), the leading online music and audio entertainment platform in china, today announced that it will report its unaudited financial results for the fourth quarter and full year of 2022 before the u.s. market opens on tuesday, march 21, 2023. tme's management will host a tencent meeting webinar on tuesday, march 21, 2023, at 7:00 a.m.
2022-07-15 06:00:00 - Press Release
Tencent Music Entertainment Group To Report Second Quarter 2022 Financial Results On August 15, 2022 Eastern Time
Shenzhen, china , july 15, 2022 /prnewswire/ -- tencent music entertainment group ("tme", or the "company") (nyse: tme), the leading online music and audio entertainment platform in china, today announced that it will report its unaudited financial results for the second quarter of 2022 after the u.s. market closes on monday, august 15, 2022. tme's management will hold a conference call on monday, august 15, 2022, at 8:00 p.m.
Latest News
2024-05-07 07:46:04 - Zacks Investment Research
4 Top Breakout Stocks to Buy Now for Superb Returns
Rush Street Interactive (RSI), American Public Education (APEI), Tencent Music Entertainment (TME) and Galiano Gold (GAU) have been selected as the breakout stocks for today.
2024-04-09 14:43:53 - Schaeffers Research
Options Traders Target Tencent Music Entertainment Stock
Options traders are targeting Tencent Music Entertainment Group (NYSE:TME) today, as the stock jumps to its highest level since July 2021.
2024-04-02 12:41:08 - Zacks Investment Research
TME or RELX: Which Is the Better Value Stock Right Now?
Investors interested in Internet - Content stocks are likely familiar with Tencent Music Entertainment Group Sponsored ADR (TME) and RELX PLC (RELX). But which of these two stocks presents investors with the better value opportunity right now?
2024-04-02 09:37:08 - Zacks Investment Research
5 Profitable PEG-Based GARP Stocks for Investors
2024-03-19 14:57:16 - Yahoo Finance
China: Stocks to consider as the economy rebounds
As concerns over China's economic trajectory linger, there are signs that a gradual recovery may be underway. KraneShares CIO Brendan Ahern joins Yahoo Finance Live to discuss the outlook for the Chinese market.
2024-03-19 05:08:06 - Reuters
Tencent Music beats quarterly revenue estimates
China's Tencent Music Entertainment Group , beat fourth-quarter revenue estimates on Tuesday, driven by growth in paid subscription on its Spotify-like music streaming platform.
2024-03-08 15:12:52 - InvestorPlace
The Top 7 Under-$10 Stocks to Buy in March 2024
There are some ripe bargains in the stock market this month, which has led to this list of under-$10 stocks to buy. It's fair to say these companies trade at attractive valuations, and many have low market caps too, increasing their attractiveness.
2024-02-15 12:46:10 - Zacks Investment Research
PERI vs. TME: Which Stock Should Value Investors Buy Now?
Investors interested in stocks from the Internet - Content sector have probably already heard of Perion Network (PERI) and Tencent Music Entertainment Group Sponsored ADR (TME). But which of these two stocks presents investors with the better value opportunity right now?
2024-01-12 14:43:27 - InvestorPlace
3 Stocks to Bet on for the Future of Streaming
2023 was, in many ways, a challenging year for the media industry. With the decline of traditional distribution channels such as physical media, movie theaters, and cable TV, content producers must shift their business models dramatically to adapt to the changing times.
2023-12-27 06:56:00 - Market Watch
2024 could turn into a ‘trader's market.' Here's how this strategist says you can make the most of that.
The S&P 500 index SPX has three days left this year to try for a fresh record high, which in theory, shouldn't be so hard with a Santa Rally all but teed up.