China Petroleum & Chemical (386)
5.01 HKD +0.05 (+1.01%) Volume: 108.26M
China Petroleum & Chemical’s stock price is currently at 5.01 HKD, witnessing a positive trading session with an increase of +1.01%, backed by a strong trading volume of 108.26M. With a significant percentage change YTD of +22.00%, the performance of the 386 stock continues to show promising growth, reflecting its robust market presence.
Latest developments on China Petroleum & Chemical
China Petroleum & Chemical, also known as Sinopec, made headlines today with the announcement of their Carbon Footprint Alliance, a strategic move to promote green development in the energy and chemicals sector. This initiative comes amidst growing global concerns about climate change and sustainability. Investors are closely watching Sinopec’s actions as they navigate this shift towards environmentally friendly practices, which could potentially impact the company’s stock price in the near future. Stay tuned for updates on how Sinopec’s innovative approach to sustainability influences their market performance.
A look at China Petroleum & Chemical Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 4 | |
| Dividend | 4 | |
| Growth | 3 | |
| Resilience | 3 | |
| Momentum | 5 | |
| 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, has a promising long-term outlook based on the Smartkarma Smart Scores. With high scores in Value and Dividend, the company is seen as a solid investment with potential for growth and returns for investors. Additionally, its strong Momentum score indicates positive market sentiment and performance.
Sinopec’s focus on producing and trading petroleum and petrochemical products, along with its widespread market presence in China, positions it well for future success. While its Growth and Resilience scores are not as high as Value and Dividend, the overall outlook for China Petroleum & Chemical is positive, making it a company to watch in the energy and chemical sectors.
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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