China Petroleum & Chemical (386)
4.66 HKD +0.22 (+4.95%) Volume: 193.87M
China Petroleum & Chemical’s stock price has surged to 4.66 HKD, marking an impressive trading session increase of +4.95% with a trading volume of 193.87M. Year-to-date, the stock has shown a robust performance, recording a percentage change of +13.94%, reflecting the company’s strong market position.
Latest developments on China Petroleum & Chemical
China Petroleum & Chemical (OTCMKTS:SNPMF) stock price has seen a 1.6% surge today, mirroring the uptick in petrochemical futures. This upward trajectory is largely attributed to the positive factory data from March, which has instilled investor confidence in the company’s robust performance and prospects.
A look at China Petroleum & Chemical Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 5 | |
| Dividend | 4 | |
| Growth | 3 | |
| Resilience | 3 | |
| Momentum | 5 | |
| OVERALL SMART SCORE | 4.0 |
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, is a leading producer and trader of petroleum and petrochemical products in China. The company’s overall outlook is strong, with high scores across multiple factors on the Smartkarma Smart Scores. Sinopec has received a perfect score of 5 for Value, indicating that the company is undervalued and has potential for growth. Additionally, Sinopec has received a strong score of 4 for Dividend, meaning that the company has a history of paying out dividends to its shareholders. These factors make Sinopec an attractive investment opportunity for those looking for long-term stability and potential for growth.
Sinopec has also received a score of 3 for both Growth and Resilience, indicating moderate potential for growth and a stable financial position. However, the company has received a top score of 5 for Momentum, indicating that it is currently performing well and has positive market sentiment. With its strong financial position, potential for growth, and positive market sentiment, Sinopec is well-positioned for long-term success in the petroleum and petrochemical industry. As one of the leading providers of gasoline, diesel, jet fuel, and other products throughout China, Sinopec is a key player in the country’s energy sector and is poised to continue its success in the future.
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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