China Petroleum & Chemical (386)
4.86 HKD +0.01 (+0.21%) Volume: 73.93M
China Petroleum & Chemical’s stock price is currently standing at 4.86 HKD, marking a positive shift of +0.21% in this trading session with a high trading volume of 73.93M. The stock’s performance YTD has also been impressive, with a percentage increase of +19.07%, reflecting its strong market position.
Latest developments on China Petroleum & Chemical
China Petroleum & Chemical, also known as Sinopec, has been making headlines recently as the energy and chemical sectors form an alliance to focus on reducing their carbon footprint. This comes as the company’s stock price experienced fluctuations in response to global environmental concerns and shifting market dynamics. Investors are closely monitoring how Sinopec navigates these challenges while maintaining its position as one of the largest oil and gas companies in China. Stay tuned for updates on how these developments impact China Petroleum & Chemical‘s stock price today.
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 its Smartkarma Smart Scores. With high scores in Value and Dividend, the company is seen as a solid investment option. Additionally, its Momentum score of 5 indicates strong market performance. While Growth and Resilience scores are slightly lower, the overall outlook for China Petroleum & Chemical remains positive.
China Petroleum & Chemical Corporation, a major player in the petroleum and petrochemical industry, is well-positioned for future growth and stability. The company’s diverse product range, including gasoline, diesel, synthetic fibers, and chemical fertilizers, ensures a steady market presence. With favorable scores in Value, Dividend, and Momentum, China Petroleum & Chemical demonstrates its strength in the market. Although Growth and Resilience scores are not as high, the company’s overall outlook remains optimistic.
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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