Tencent Holdings Limited (OTC:TCTZF – Get Free Report) shot up 10% on Tuesday . The company traded as high as $75.2940 and last traded at $74.3660. 33,137 shares changed hands during trading, an increase of 141% from the average session volume of 13,746 shares. The stock had previously closed at $67.6250.
Tencent Trading Down 1.8%
The stock’s 50-day simple moving average is $73.35 and its 200 day simple moving average is $78.15.
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.
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