CGN Power’s Stock Price Takes a Hit, Falling to 2.66 HKD with a 3.97% Drop

CGN Power (1816)

2.66 HKD -0.11 (-3.97%) Volume: 166.3M

CGN Power’s stock price stands at 2.66 HKD, reflecting a trading session decline of -3.97% amidst a robust trading volume of 166.3M shares, yet boasting a promising year-to-date performance with a surge of +30.39%.

Latest developments on CGN Power

CGN Power (HKG:1816) has recently experienced a slowdown in returns on capital, signaling potential concerns for investors. Despite this, the company reported solid growth in Q3 of 2024. Additionally, CGN New Energy Holdings Co., Ltd. announced their consolidated power generation for the month and year ended on October 31, 2024. These key events are likely contributing factors to the stock price movements for CGN Power today.

A look at CGN Power Smart Scores

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

CGN Power Co., Ltd. shows promising long-term potential according to Smartkarma Smart Scores. With strong scores in value and dividend, the company is deemed to be in a good financial position and able to provide steady returns to investors. However, its growth, resilience, and momentum scores are slightly lower, indicating some areas for improvement in the future. Overall, CGN Power‘s outlook appears stable and favorable for investors looking for a reliable energy company.

CGN Power Co., Ltd. operates nuclear power stations in several regions and is a subsidiary of China General Nuclear Power Corporation. The company focuses on selling electricity from its stations, managing construction projects, and providing technical research and support services. With a solid foundation in place and positive scores in key areas, CGN Power is well-positioned to continue its operations and contribute to the energy sector in the long run.

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