Shares of Tencent Holdings Limited (OTCMKTS:TCEHY - Get Free Report) reached a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $67.70 and last traded at $67.55, with a volume of 7491641 shares. The stock had previously closed at $63.40.
Tencent Stock Performance
The firm has a market cap of $626.18 billion, a PE ratio of 35.91 and a beta of 0.16. The stock has a 50-day moving average price of $55.67 and a 200 day moving average price of $53.58. The company has a debt-to-equity ratio of 0.31, a current ratio of 1.35 and a quick ratio of 1.33.
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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