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TME TENCENT MUSIC ENTERTAINMENT GROUP StockScouter® Report

4

StockScouter® Score

TENCENT MUSIC ENTERTAINMENT GROUP, a mid cap growth company in the technology sector, is expected to slightly outperform the market over the next six months with slightly less than average risk

10 is the best possible rating. Learn more.

Summary

Positives

  • The enterprise value-to-sales ratio is lower than the average for comparably-sized companies in the StockScouter universe. Positive
  • Shares are under accumulation by financial institutions. Marginally positive for large companies like TME

 

Concerns

  • Moving average analysis for TME suggests weak price movement over the medium term. Negative
  • Short-term relative price momentum exhibits meaningful weakness. Negative

 

Short-term Outlook

Over the next 1-2 months, StockScouter forecasts that mid cap stocks will be neutral, growth stocks will be neutral, and technology stocks will be neutral.

Expected Risk/Return

Progress: 40% done.
Progress: 80% done.
Low
High

Core Model Grades

C
C
B
D

Previous Ratings

6
9
6

 

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