Market Movers

China Petroleum & Chemical’s Stock Price Soars to 4.94 HKD, Marking a Notable 1.86% Uptick

China Petroleum & Chemical (386)

4.94 HKD +0.09 (+1.86%) Volume: 127.76M

China Petroleum & Chemical’s stock price is currently standing at 4.94 HKD, with an impressive trading session increase of +1.86%, driven by a strong trading volume of 127.76M. The stock also showcases a robust YTD growth of +20.78%, underlining its strong performance in the market.


Latest developments on China Petroleum & Chemical

China Petroleum & Chemical, also known as Sinopec, made headlines today as the company achieved a significant milestone by generating its first nuclear-produced steam for a petrochemical plant. This development marks a major step towards enhancing the efficiency and sustainability of their operations. Investors are closely monitoring these advancements, which could potentially impact China Petroleum & Chemical‘s stock price movements in the near future. Stay tuned for more updates on this groundbreaking achievement by the leading energy company.


A look at China Petroleum & Chemical Smart Scores

FactorScoreMagnitude
Value4
Dividend5
Growth4
Resilience3
Momentum5
OVERALL SMART SCORE4.2

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 positive long-term outlook based on its Smartkarma Smart Scores. With a high score in Dividend and Momentum, the company is showing strong performance in terms of returning value to shareholders and maintaining positive market momentum. Additionally, its scores in Value and Growth indicate a promising future for the company’s financial health and potential for expansion. While its Resilience score is slightly lower, overall, China Petroleum & Chemical is positioned well for continued success in the petroleum and petrochemical industry.

China Petroleum & Chemical Corporation, a major player in the production and trading of petroleum and petrochemical products, is receiving favorable ratings in key areas according to Smartkarma Smart Scores. The company’s high scores in Dividend and Momentum reflect its ability to generate profits and maintain investor interest. With solid scores in Value and Growth, China Petroleum & Chemical demonstrates strong financial fundamentals and growth potential. Although its Resilience score is not as high, the company’s overall outlook remains positive as it continues to market a wide range of products throughout China.


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.
Have feedback on this article? Concerned about the content? Get in touch with us directly.


 

πŸ’‘ Before it’s here, it’s on Smartkarma

Sign Up for Free

The Smartkarma Preview Pass is your entry to the Independent Investment Research Network

  • βœ“ Unlimited Research Summaries
  • βœ“ Personalised Alerts
  • βœ“ Custom Watchlists
  • βœ“ Company Analytics and News
  • βœ“ Events & Webinars