Tencent (OTC:TCTZF) Stock Price Up 0.7% – Here’s Why

Tencent Holdings Limited (OTC:TCTZFGet Free Report)’s share price traded up 0.7% on Thursday . The stock traded as high as $67.01 and last traded at $65.88. 3,032 shares traded hands 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 Performance

The stock has a 50-day simple moving average of $60.34 and a 200-day simple moving average of $55.19.

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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