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Invest in Tencent Music Entertainment Group-ADR
Today
Create an eToro account to buy TME stock on a secure, user-friendly, multi-asset trading platform.
Buy Tencent Music Entertainment Group-ADR
Buy Tencent Music Entertainment Group-ADR
Tencent Music Entertainment Group-ADR TME
Stocks-TME-Tencent Music Entertainment Group-ADR

Tencent Music Entertainment Group-ADR TME

$12.260.62(5.34%)(1D)

TME Stock Price Chart

7.72%
Past Month
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1W
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6M
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3Y
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Asset positive trend

The Tencent Music Entertainment Group-ADR share price is rising this week.

i
A ‘rising’ price indicates that the weekly price has increased by more than 0.5%.
A price ‘on the decline’ indicates that the weekly price has decreased by more than 0.5%.
A ‘stable’ price indicates that the change in weekly price is between -0.5% and 0.5%.
The Tencent Music Entertainment Group-ADR share price today is 12.26, reflecting a 5.34% change over the last 24 hours and 10.73% over the past week. The current market capitalization of TME is 8.14B with an average volume in the last three months of 6.82M. The stock has a P/E ratio of 21.57 and a dividend yield of 1.48%. With the stock’s beta sitting at 1.12
Market Cap
i
Total value of all asset shares, calculated by multiplying the price by the total number of outstanding shares.
$8.14B

Day’s Range
i
Shows the high and low prices of the day.
10.23 - 12.27

52W Range
i
Shows the high and low prices of the last year.
5.77 - 15.74

Average Volume (3M)
i
The average number of shares traded per day over the last three months.
6.82M

Price-Earnings Ratio
i
The result of this asset’s share price divided by its earnings per share.
21.57

Revenue
i
The total income generated by this company’s goods and services last year.
$3.86B

Dividend (Yield)
i
How much a company pays out in dividends each year relative to its stock price.
0.13 (1.48%)

Prev Close
i
The final price of this asset at the end of the last trading day.
$11.64

EPS
i
A company’s total earnings divided by the number of shares it has issued.
0.54

Beta
i
A measure of whether any asset does, or doesn’t, experience price moves in line with the broader market.
1.12

What Is Tencent Music Entertainment Group-ADR?
Tencent Music Entertainment Group operates an online music entertainment platform and music applications within the People's Republic of China. The company offers online music and music-centric social entertainment services. Incorporated in 2016, Tencent Music has its headquarters in Shenzhen, China.

Tencent Music primarily provides four music mobile apps within China: Kugou Music, QQ Music, WeSing, and Kuwo Music. As of December 2021, the company has a reported 800 million active users. Its platform offers online music, online karaoke, online audio, online concert, and music-centric live streaming services. Tencent Music's platform aims to provide a broad community for music fans to socialise and interact with, with the goal of acting as an all-in-one music and audio entertainment destination. The platform supports sharing, liking, following, commenting, and virtual gifting to enhance engagement and retention.

Traded on the NYSE, stock for Tencent Music is available under the ticker TME. The company has been publicly listed on the NYSE since December 2018. As of December 2021, Tencent Music employs more than 4,000 people full-time. Tencent Music Entertainment Group is a subsidiary of Tencent Holdings Limited.

Explore the TME share price changes and the latest news by adding Tencent Music Entertainment to your eToro watchlist.

How can I buy Tencent Music Entertainment Group-ADR stocks?

To purchase Tencent Music Entertainment Group-ADR:
01

Create an eToro account:

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02

Deposit funds:

Deposit funds into your eToro account using your preferred payment method.
03

Search and purchase:

Search the Tencent Music Entertainment Group-ADR (TME) page and place an order to buy Tencent Music Entertainment Group-ADR.
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Buy Tencent Music Entertainment Group-ADR
Invest in Tencent Music Entertainment Group-ADR
Today
Create an eToro account to buy TME stock on a secure, user-friendly, multi-asset trading platform.

FAQ

The current price of TME is 12.26.
The average price target for Tencent Music Entertainment Group-ADR is 12.26. Sign up to eToro for detailed analyst forecasts and price targets.
Analysts offer forecasts for Tencent Music Entertainment Group-ADR based on market trends, financial reports and projected growth. Check the latest forecast for future price movements.
The market capitalisation of Tencent Music Entertainment Group-ADR is 8.14B
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