Tencent (TCEHY) Expected to Announce Quarterly Earnings on Wednesday

Tencent (OTCMKTS:TCEHY) is projected to issue its quarterly earnings data on Wednesday, March 19th. Analysts expect the company to announce earnings of $0.77 per share and revenue of $23.29 billion for the quarter. Parties that are interested in registering for the company’s conference call can do so using this link.

Tencent Stock Performance

Tencent stock opened at $68.05 on Monday. The company has a 50 day moving average price of $57.01 and a 200-day moving average price of $54.22. The company has a debt-to-equity ratio of 0.31, a quick ratio of 1.33 and a current ratio of 1.35. Tencent has a fifty-two week low of $36.08 and a fifty-two week high of $69.99. The company has a market capitalization of $624.62 billion, a PE ratio of 35.82 and a beta of 0.16.

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.