Shares of Tencent Music Entertainment Group American Depositary Shares each representing two Class A (NYSE:TME) traded at a new 52-week low today of $11.29. Approximately 9.4 million shares have changed hands today, as compared to an average 30-day volume of 13.4 million shares.
Tencent Music Entertainment Group is an online music entertainment platform in China. Its platform comprises online music, online karaoke and music-centric live streaming services, supported by content offerings, technology and data.
In the past 52 weeks, shares of Tencent Music Entertainment Group American Depositary Shares each representing two Class A have traded between the current low of $11.29 and a high of $32.25 and is now at $11.46.
Tencent Music Entertainment Group American Depositary Shares each representing two Class A (NYSE:TME) has potential upside of 6.7% based on a current price of $11.46 and analysts’ consensus price target of $12.24.
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