Tencent (OTC:TCTZF) Stock Price Up 3.1% – What’s Next?

Tencent Holdings Limited (OTC:TCTZFGet Free Report) shares were up 3.1% during trading on Thursday . The company traded as high as $69.99 and last traded at $69.31. Approximately 15,074 shares traded hands during mid-day trading, a decline of 50% from the average daily volume of 30,209 shares. The stock had previously closed at $67.25.

Tencent Stock Performance

The firm’s 50 day moving average price is $55.58 and its two-hundred day moving average price is $53.29.

Tencent Company Profile

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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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