Tencent (TCEHY) to Release Earnings on Wednesday

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

Tencent Trading Up 2.4 %

Shares of OTCMKTS:TCEHY opened at $67.00 on Wednesday. The company has a debt-to-equity ratio of 0.31, a current ratio of 1.35 and a quick ratio of 1.33. The firm has a market capitalization of $614.98 billion, a P/E ratio of 35.26 and a beta of 0.16. The business’s 50-day moving average is $56.19 and its 200 day moving average is $53.83. Tencent has a 1 year low of $36.08 and a 1 year high of $69.99.

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.