Tencent Music Entertainment Group American Depositary Shares each representing two Class A (TME) tumbled -7.94% or -1.48 to $17.09. It is about 12.45 million shares traded, which is 203.34% compare to the average total volume 6.12 million. The market cap of TME is $27.96 billion. The year to date change is 34.9%. The 52 week price range is from $11.81 to $19.97. Price of TME have changed 3.80% during last week. It have changed 8.85% over last month, 50.98% over last 3 months, 32.64% over last 6 months and 32.64% over one year.
Some investors will use 50-day and 200-day Moving Averages as support and resistance levels. Those moving average will be very helpful most of time. The 50-day Moving Averages for TME is 15.96. It is -6.61% below current price. The 52-week High is 19.97. It is 16.85% from the current price. The 52-week Low is 11.81. It is -30.90% from current price.
Some people may be interesting about short interest ratio of a stock. The short interest ratio of TME is 4.0 on 2019-02-28. Short % to float is 1.54%. There are some statistics of TME. It is has market cap $27.96 billion. The share outstanding is 1.64 billion. The average volume is 6.12 million. The percent of top 15 Institution holding is 5.80%. Return on equity is how much of net income returned as a percentage of the total amount of shareholder equity found on the balance sheet. Return on equity (ROE) of TME is 9.52%. Return on assets (ROA) is an indicator that shows how profitable a company is using its total assets to generate earnings. Return on Assets (ROA) of TME is 8.17%.