TME icon

Tencent Music Enter Gr (TME)

NYSE

$14.58

-$0.18 (

-1.19%

)

1D
5D
1M
6M
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5Y
Market closed

TME: $14.58 / ₿ 0.0002 BTC / 21892 Sats

1D
5D
1M
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5Y

Key statistics

$14.76
$11.71 - $26.70
$22.47B
7.82
$14.44
$4,744,783.65
1.54B
14.45
$13.50 - $14.95
1.23
$14.37 - $14.80
Yes

What is Tencent Music Enter Gr (TME)?

Tencent Music is the largest online music streaming platform in China, established in 2016 through the merger of QQ Music, Kuwo Music, and Kugou Music. Tencent, its largest shareholder, holds over 50% of the shares and more than 90% of the voting rights. Beyond streaming services, Tencent Music generates revenue through a diverse range of offerings, including podcasts, livestreaming, concerts, and karaoke.

The Tencent Music Enter Gr (TME) stock price has been falling

The Tencent Music Entertainment Group American Depositary Shares, each representing two Class A Ordinary Shares (TME) stock price today is $14.58, reflecting a -1.19% move since the market opened. The company’s market capitalization stands at $22.47B, with a daily trading volume of $4.74M shares. For investors tracking price trends, Tencent Music Entertainment Group American Depositary Shares, each representing two Class A Ordinary Shares stock has ranged between $14.37 and $14.80 today. The previous closing price was $14.76.

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TME FAQs

TME is in the Communication Services sector. Sector is a broad classification that groups companies based on their business activities, industry focus or economic function.

TME is in the Internet Content & Information industry. Industry is a more specific classification within a sector, grouping companies that operate in a similar field and have closely related business models.

Over the past 52 weeks, Tencent Music Entertainment Group American Depositary Shares, each representing two Class A Ordinary Shares (TME) has traded between a low of $11.71 and a high of $26.70.

TME is in the Interactive Media industry group. Industry group is a further subdivision within an industry, grouping companies with even more closely related business models and operations. This helps investors analyze stocks at a more detailed level than sector and industry classifications alone.

TME’s payout ratio is 0.19. Payout ratio is a financial metric used to measure the proportion of a company's earnings that are paid out as dividends to shareholders.

TME’s trailing dividend yield is 1.23. Trailing dividend yield is a financial metric used to measure the return on investment from a company's dividend payments over the past 12 months.

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