Buy & Sell Tencent Music Entertainment Group - ADR (TME) – Tencent Music Entertainment Group - ADR Price Today
Aura AI Summary
Key Stats
- $15.65BMarket Cap
- MediaSector
- -47.82%3M Drawdown
- $12.64BEnterprise Value
- 2.36%Dividend Yield
- 98% Buy | 2% SellTrading Activity
- 56 daysTypical Hold Time
Tencent Music Entertainment Group - ADR (TME) is currently valued at a market capitalization of $15.65B, with an enterprise value of $12.64B. Over the past 52 weeks, Tencent Music Entertainment Group - ADR has traded between a low of $8.99 and a high of $26.36, highlighting its annual price range. Over the past three months, Tencent Music Entertainment Group - ADR has recorded a drawdown of -47.82%, reflecting recent price volatility. Tencent Music Entertainment Group - ADR offers a dividend yield of 2.36%, with the most recent dividend of $0.24 paid on 02 Apr 26. On average, investors hold Tencent Music Entertainment Group - ADR for approximately 56 days, indicating typical investor behavior on the platform.
About Tencent Music Entertainment Group - ADR
TME is the largest online music service provider in China. It was founded in 2016 with the business combination of QQ Music (founded in 2005), Kuwo Music (founded in 2005) and Kugou Music (founded in 2004) streaming platforms. Tencent is the largest shareholder of TME with over 50% shares and over 90% voting rights held. TME also provides social entertainment services, including music live audio/video broadcasts and online concert services through the three platforms mentioned above, and online karaoke through an independent platform WeSing.
