News articles about TENCENT HOLDING/ADR (OTCMKTS:TCEHY) have trended somewhat negative this week, InfoTrie Sentiment Analysis reports. InfoTrie identifies negative and positive press coverage by analyzing more than 6,000 blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. TENCENT HOLDING/ADR earned a news sentiment score of -1.38 on their scale. InfoTrie also gave news stories about the technology company an news buzz score of 9 out of 10, indicating that recent press coverage is extremely likely to have an effect on the stock’s share price in the next few days.
Here are some of the news articles that may have impacted TENCENT HOLDING/ADR’s ranking:
- Tencent-backed Chinese movie-ticketing app Maoyan makes weak Hong Kong debut (finance.yahoo.com)
- Matthews Pacific Tiger Fund’s Top 4 Position Boosts in 4th Quarter (finance.yahoo.com)
- TENCENT HOLDING/ADR (TCEHY) Coverage Initiated by Analysts at HSBC (americanbankingnews.com)
- TENCENT HOLDING/ADR (TCEHY) Given Consensus Rating of “Hold” by Analysts (americanbankingnews.com)
- Investec Reaffirms Hold Rating for TENCENT HOLDING/ADR (TCEHY) (americanbankingnews.com)
Shares of TCEHY opened at $44.51 on Tuesday. TENCENT HOLDING/ADR has a 12-month low of $31.54 and a 12-month high of $60.00. The company has a quick ratio of 1.01, a current ratio of 1.02 and a debt-to-equity ratio of 0.40. The stock has a market capitalization of $422.99 billion, a price-to-earnings ratio of 47.35, a PEG ratio of 1.11 and a beta of 1.10.
A number of equities analysts have recently commented on TCEHY shares. Zacks Investment Research raised TENCENT HOLDING/ADR from a “strong sell” rating to a “hold” rating in a report on Wednesday, October 17th. Barclays set a $50.00 target price on TENCENT HOLDING/ADR and gave the stock a “buy” rating in a report on Tuesday, January 22nd. HSBC began coverage on TENCENT HOLDING/ADR in a report on Friday. They issued a “buy” rating for the company. ValuEngine cut TENCENT HOLDING/ADR from a “hold” rating to a “sell” rating in a report on Sunday, November 4th. Finally, OTR Global cut TENCENT HOLDING/ADR to a “positive” rating in a report on Thursday, November 8th. Three investment analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. The company has a consensus rating of “Buy” and a consensus target price of $49.00.
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TENCENT HOLDING/ADR Company Profile
Tencent Holdings Limited, an investment holding company, provides Internet value-added services (VAS) and online advertising services in Mainland China, Hong Kong, North America, Europe, other Asian countries, and internationally. The company operates through VAS, Online Advertising, and Others segments.
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