Shares of Tencent Holdings Limited (OTC:TCTZF – Get Free Report) traded up 7.9% during mid-day trading on Thursday . The company traded as high as $47.55 and last traded at $47.55. 62,196 shares traded hands during trading, an increase of 241% from the average session volume of 18,256 shares. The stock had previously closed at $44.06.
Tencent Price Performance
The company has a 50-day moving average price of $38.51 and a 200-day moving average price of $38.17.
About Tencent
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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