Tencent (OTC:TCTZF) Trading Up 0.7% – What’s Next?

Tencent Holdings Limited (OTC:TCTZFGet Free Report)’s stock price shot up 0.7% during mid-day trading on Tuesday . The stock traded as high as $52.00 and last traded at $51.78. 10,170 shares changed hands during mid-day trading, a decline of 56% from the average session volume of 23,154 shares. The stock had previously closed at $51.43.

Tencent Stock Performance

The business has a 50 day moving average of $53.93 and a 200 day moving average of $49.98.

Tencent Company Profile

(Get Free Report)

Tencent Holdings Limited, an investment holding company, offers value-added services (VAS), online advertising, fintech, and business services in the People's Republic of China and internationally. It operates through VAS, Online Advertising, FinTech and Business Services, and Others segments. The company's consumers business provides communication and services, such as instant messaging and social network; digital content including online games, videos, live streaming, news, music, and literature; fintech services, which includes mobile payment, wealth management, loans, and securities trading; and various tools, such as network security management, browser, navigation, application management, email, etc.

Featured Stories

Receive News & Ratings for Tencent Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Tencent and related companies with MarketBeat.com's FREE daily email newsletter.