NYSE:TMEEntertainment
Reassessing Tencent Music Entertainment Group (TME) After Recent Share Price Pullback
If you are wondering whether Tencent Music Entertainment Group is attractively priced after recent volatility, or if you would be overpaying at today’s levels, this article focuses squarely on what you are getting for the price you pay.
The stock last closed at US$15.84, with a 7 day return of an 8.1% decline, a 30 day return of a 14.3% decline, a year to date return of an 11.3% decline, and a 1 year return of 36.5% that sits against a 3 year return of 93.9% and a 5 year return of a 38.5%...