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

July 8, 2021 10:32:36

Tencent Music Entertainment Group American Depositary Shares each representing two Class A (NYSE:TME) traded today at a new 52-week low of $12.51. Approximately 14.8 million shares have changed hands today, as compared to an average 30-day volume of 12.4 million shares.

Tencent Music Entertainment Group American Depositary Shares each representing two Class A share prices have moved between a 52-week high of $32.25 and the current low of $12.51 and are currently at $12.62 per share.

There is potential upside of 22.8% for shares of Tencent Music Entertainment Group American Depositary Shares each representing two Class A based on a current price of $12.62 and an average consensus analyst price target of $15.50.

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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