Tencent (OTC:TCTZF) Trading 0.7% Higher – Here’s Why

Tencent Holdings Limited (OTC:TCTZFGet Free Report)’s stock price shot up 0.7% during mid-day trading on Thursday . The company traded as high as $67.01 and last traded at $65.88. 3,032 shares were traded during trading, a decline of 92% from the average session volume of 36,742 shares. The stock had previously closed at $65.43.

Tencent Stock Down 1.9 %

The company has a fifty day moving average price of $60.64 and a 200 day moving average price of $55.30.

Tencent Company Profile

(Get Free Report)

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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