Tencent (OTC:TCTZF) Shares Down 2.2%

Tencent Holdings Limited (OTC:TCTZFGet Free Report)’s stock price fell 2.2% during trading on Friday . The company traded as low as $46.30 and last traded at $46.30. 640 shares traded hands during mid-day trading, a decline of 98% from the average session volume of 25,624 shares. The stock had previously closed at $47.36.

Tencent Price Performance

The stock’s 50-day moving average is $47.48 and its 200 day moving average is $43.67.

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.

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