Tencent (OTC:TCTZF) Shares Down 1% – What’s Next?

Tencent Holdings Limited (OTC:TCTZFGet Free Report)’s share price was down 1% during mid-day trading on Wednesday . The company traded as low as $50.75 and last traded at $53.78. Approximately 2,952 shares traded hands during mid-day trading, a decline of 93% from the average daily volume of 40,763 shares. The stock had previously closed at $54.33.

Tencent Trading Up 0.1 %

The firm has a fifty day moving average of $51.59 and a two-hundred day moving average of $51.04.

About Tencent

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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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