Tencent Holding Ltd. (OTC:TCEHY - Get Free Report) shares traded up 6.5% during mid-day trading on Wednesday . The company traded as high as $67.70 and last traded at $67.55. 7,491,641 shares changed hands during trading, an increase of 53% from the average session volume of 4,894,268 shares. The stock had previously closed at $63.40.
Tencent Price Performance
The stock's 50 day moving average price is $55.67. The company has a debt-to-equity ratio of 0.28, a quick ratio of 1.26 and a current ratio of 1.29. The stock has a market cap of $626.18 billion, a PE ratio of 27.51 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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