China Petroleum & Chemical (386)
4.93 HKD +0.07 (+1.44%) Volume: 104.7M
China Petroleum & Chemical’s stock price is currently standing at 4.93 HKD, showing a promising rise of +1.44% in today’s trading session with a high trading volume of 104.7M. The company has been demonstrating a strong performance with a year-to-date percentage increase of +20.54%, making it a noteworthy contender in the stock market.
Latest developments on China Petroleum & Chemical
China Petroleum & Chemical Co. (OTCMKTS:SNPMF) has seen a 3.2% increase in its stock price recently. This rise comes amidst a short interest update, indicating potential market sentiment and investor activity surrounding the company. As investors continue to monitor developments within China Petroleum & Chemical, such fluctuations in stock price can be influenced by a variety of factors, including industry news, financial reports, and global economic trends. Stay tuned for further updates on China Petroleum & Chemical as the market continues to react to current events and news surrounding the company.
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 positive long-term outlook based on its Smartkarma Smart Scores. With high scores in Value and Dividend, the company is seen as a solid investment with good potential for returns. Additionally, its strong Momentum score indicates that it is performing well in the market currently.
While China Petroleum & Chemical scores slightly lower in Growth and Resilience, the company’s overall outlook remains favorable. As a producer and trader of petroleum and petrochemical products, Sinopec plays a key role in the Chinese market, offering a wide range of products to consumers. This, coupled with its strong Smart Scores, positions the company well for continued 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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