After Hours
The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours.
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Stocks Info
The company is listed on the NYSE and operates within the Internet Content & Information industry segment. The current market capitalization of Tencent Music Entertainment Group ADR is $9.33B. A total of 10.05 million shares were traded on the day, compared to an average of 10.24M shares.
Dividend
The dividend paying company demonstrates a positive outlook for investors and helps them generate immediate cash. Tencent Music Entertainment Group ADR pays an annual dividend of $0.14, resulting in a dividend yield of 1.03%, and it has a price to earnings (P/E) ratio of 26.99. TME’s most recent ex-dividend date was 5/31/2024 when it declared a $0.1210 quarterly dividend that was paid in cash on 6/27/2024.
It has been observed that price targets are rarely accurate, but they can exert some influence from time to time, and are often accepted as valuable in the market. In terms of 52-week highs and lows, TME has a high of $15.77 and a low of $6.12.
Balance Sheet Annually/Quarterly
An equity investor’s investment can be viewed on a balance sheet by looking at what assets and liabilities the company has. Investors can determine the company’s prospects by calculating its financial ratios based on this information. TME’s latest balance sheet shows that the firm has $20.43B in Cash & Short Term Investments as of fiscal 2021. There were $5.36B in debt and $10.45B in liabilities at the time. Its Book Value Per Share was $5.50, while its Total Shareholder’s Equity was $51.05B.
Analysts Opinion
There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for TME is Buy with a score of 4.64.
