Tencent Holdings Limited (OTC:TCTZF – Get Free Report)’s stock price dropped 1% during mid-day trading on Wednesday . The stock traded as low as $50.75 and last traded at $53.78. Approximately 2,952 shares were traded during trading, a decline of 93% from the average daily volume of 40,763 shares. The stock had previously closed at $54.33.
Tencent Price Performance
The business has a 50-day simple moving average of $51.59 and a 200 day simple moving average of $51.04.
Tencent Company Profile
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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