China Petroleum & Chemical (386)
4.16 HKD +0.04 (+0.97%) Volume: 202.79M
China Petroleum & Chemical’s stock price stands at 4.16 HKD, experiencing a positive shift of 0.97% in this trading session with a substantial trading volume of 202.79M, reflecting a promising year-to-date percentage change of +1.71%, highlighting its robust performance in the market.
Latest developments on China Petroleum & Chemical
China Petroleum & Chemical, a Chinese petrochemical giant, made headlines today as they signed a Memorandum of Understanding on the Development and Application of Hydrogen Energy in Hong Kong. This strategic move is expected to have a significant impact on the company’s stock price as it demonstrates their commitment to exploring new energy sources and expanding their reach in the market. With this latest development, investors are closely watching how China Petroleum & Chemical‘s stock price will respond to this innovative venture in the energy sector.
A look at China Petroleum & Chemical Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 5 | |
| Dividend | 5 | |
| Growth | 3 | |
| Resilience | 3 | |
| Momentum | 3 | |
| OVERALL SMART SCORE | 3.8 |
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
China Petroleum & Chemical Corporation, also known as Sinopec, appears to have a positive long-term outlook based on its Smartkarma Smart Scores. With high scores in Value and Dividend, the company is seen as a strong performer in terms of financial health and investor returns. While its Growth, Resilience, and Momentum scores are slightly lower, indicating some areas for improvement, overall, China Petroleum & Chemical is well-positioned for continued success in the industry.
As a leading producer and trader of petroleum and petrochemical products in China, China Petroleum & Chemical Corporation offers a wide range of essential products such as gasoline, diesel, and chemical fertilizers. With a strong presence in the domestic market, the company’s high Value and Dividend scores suggest that it is a reliable investment option with promising returns for shareholders. While there is room for growth and improvement in certain areas, China Petroleum & Chemical‘s overall outlook remains positive based on its Smartkarma Smart Scores.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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