Tencent Music Entertainment Group American Depositary Shares each representing two Class A: The Losing Streak Continues (TME)

July 12, 2021 10:17:20

Tencent Music Entertainment Group American Depositary Shares each representing two Class A (NYSE:TME) traded at a new 52-week low today of $12.08. Approximately 17.4 million shares have changed hands today, as compared to an average 30-day volume of 13.3 million shares.

Tencent Music Entertainment Group American Depositary Shares each representing two Class A (NYSE:TME) has potential upside of 26.4% based on a current price of $12.27 and analysts’ consensus price target of $15.50.

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 $12.08 and a high of $32.25 and is now at $12.27.

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.

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