Tencent Holdings Limited (OTCMKTS:TCEHY - Get Free Report) passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $51.58 and traded as high as $61.75. Tencent shares last traded at $61.53, with a volume of 9,022,192 shares changing hands.
Tencent Trading Up 6.5 %
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 capitalization of $567.62 billion, a P/E ratio of 32.38 and a beta of 0.16. The firm has a 50 day moving average price of $52.53 and a two-hundred day moving average price of $51.89.
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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