Tencent Holdings Limited (OTCMKTS:TCEHY - Get Free Report) hit a new 52-week high during mid-day trading on Monday . The company traded as high as $70.00 and last traded at $69.79, with a volume of 7001171 shares changing hands. The stock had previously closed at $68.05.
Tencent Trading Down 5.0 %
The company's 50-day moving average is $58.58 and its 200-day moving average is $54.71. The company has a debt-to-equity ratio of 0.31, a quick ratio of 1.33 and a current ratio of 1.35. The firm has a market cap of $607.09 billion, a price-to-earnings ratio of 34.81 and a beta of 0.16.
About Tencent
(
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Tencent Holdings Limited, an investment holding company, offers value-added services (VAS), online advertising, fintech, and business services in the People's Republic of China and internationally. It operates through VAS, Online Advertising, FinTech and Business Services, and Others segments. The company's consumers business provides communication and services, such as instant messaging and social network; digital content including online games, videos, live streaming, news, music, and literature; fintech services, which includes mobile payment, wealth management, loans, and securities trading; and various tools, such as network security management, browser, navigation, application management, email, etc.
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