Tencent Holdings Limited (OTC:TCTZF – Get Free Report) shares were up 7.9% during mid-day trading on Thursday . The company traded as high as $47.55 and last traded at $47.55. Approximately 62,196 shares changed hands during trading, an increase of 241% from the average daily volume of 18,256 shares. The stock had previously closed at $44.06.
Tencent Stock Performance
The business’s 50-day simple moving average is $38.70 and its 200-day simple moving average is $38.22.
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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