China Petroleum & Chemical (386)
4.87 HKD -0.05 (-1.02%) Volume: 132.68M
China Petroleum & Chemical’s stock price stands at 4.87 HKD, experiencing a slight dip of -1.02% in the latest trading session with a volume of 132.68M, yet showcasing a promising YTD increase of +19.07%, emphasizing its resilient market performance.
Latest developments on China Petroleum & Chemical
China Petroleum & Chemical Corporation, commonly known as Sinopec, has seen fluctuations in its stock price today following key events in its collaboration with Petronas. The two energy giants have recently signed a Memorandum of Understanding (MOU) to explore opportunities across the energy value chain. This strategic partnership aims to enhance cooperation in various sectors, potentially impacting Sinopec’s market performance. Investors are closely monitoring these developments as they anticipate the long-term impact on China Petroleum & Chemical‘s stock price.
A look at China Petroleum & Chemical Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 5 | |
| Dividend | 4 | |
| Growth | 4 | |
| Resilience | 3 | |
| Momentum | 5 | |
| OVERALL SMART SCORE | 4.2 |
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, has a promising long-term outlook based on its Smartkarma Smart Scores. With a high score in Value, the company is considered to be undervalued compared to its peers. Additionally, its strong scores in Dividend and Growth indicate a stable dividend payout and potential for future growth. However, its slightly lower score in Resilience suggests some vulnerability to market fluctuations. Nevertheless, with a perfect score in Momentum, China Petroleum & Chemical shows strong positive price momentum, which bodes well for its future performance.
China Petroleum & Chemical Corporation, a major player in the petroleum and petrochemical industry, is positioned for success according to its Smartkarma Smart Scores. The company’s high scores in Value, Dividend, Growth, and Momentum reflect its solid financial standing and growth potential. While its Resilience score is slightly lower, indicating some risk factors, overall, China Petroleum & Chemical‘s outlook is positive. As a leading producer and trader of petroleum and petrochemical products in China, the company is well-positioned to capitalize on the growing demand for these essential commodities in the region.
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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