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Most stock quote data provided by financialmodelingprep.com
Tencent Music Entertainment Group (TME) stock surged +12.08%, trading at $14.38 on NYSE, up from the previous close of $12.83. The stock opened at $13.38, fluctuating between $13.37 and $14.69 in the recent session.
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.
Employees | 5185 |
Beta | 0.69 |
Sales or Revenue | $27.75B |
5Y Sales Change% | 0.417% |
Fiscal Year Ends | December |
Sector | Communication Services |
Industry | Internet Content & Information |
Tencent Music Entertainment Group (NYSE: TME) stock price is $14.38 in the last trading session. During the trading session, TME stock reached the peak price of $14.69 while $13.37 was the lowest point it dropped to. The percentage change in TME stock occurred in the recent session was 12.08% while the dollar amount for the price change in TME stock was $1.55.
The NYSE listed TME is part of Internet Content & Information industry that operates in the broader Communication Services sector. Tencent Music Entertainment Group designs, manufactures, and markets smartphones, personal computers, tablets, wearables, and accessories worldwide.
Ms. Min Hu
Chief Financial Officer
Mr. Kar Shun Pang
Executive Chairman
Ms. Linlin Chen
Group Vice President & Head of Kugou Bus. Unit
Millicent T.
Vice Gen. Mang.
Mr. Lixue Shi
Group Vice President & Head of Kuwo Bus. Unit
Mr. Zhenyu Xie
Pres, Chief Technology Officer & Director
Mr. Tsai Chun Pan
Group Vice President & Head of Content Cooperation Bus.
Mr. Cheuk Tung Yip
Chief Strategy Officer
Mr. Zhu Liang
Chief Executive Officer & Director
TME's closing price is 57.24% higher than its 52-week low of $9.15 where as its distance from 52-week high of $15.77 is -8.81%.
Number of TME employees currently stands at 5,185.
Official Website of TME is: https://www.tencentmusic.com
TME could be contacted at phone 867 558 6013388 and can also be accessed through its website. TME operates from Building D, Shenzhen, 518057, China.
TME stock volume for the day was 23.38M shares. The average number of TME shares traded daily for last 3 months was 7.17M.
The market value of TME currently stands at $22.18B with its latest stock price at $14.38 and 1.54B of its shares outstanding.