Market Movers

SenseTime Group’s Stock Price Soars to 1.13 HKD, Witnessing a Positive Surge of +1.80%

SenseTime Group (20)

1.13 HKD +0.02 (+1.80%) Volume: 201.2M

SenseTime Group’s stock price sees a positive trajectory, closing at 1.13 HKD with a trading session increase of +1.80% on a volume of 201.2M, despite a Year-To-Date percentage change of -2.59%. Keep track of SenseTime’s market performance for informed investment decisions.


Latest developments on SenseTime Group

SenseTime Group’s stock price experienced fluctuations today as it exited the Hang Seng indices, impacting the market sentiment. This decision will benefit companies like ASMPT and J&T, as they stand to gain from the latest review of the index composition. Investors are closely monitoring these developments as they navigate the changing landscape of the stock market.


SenseTime Group on Smartkarma

Analysts on Smartkarma are closely monitoring SenseTime Group, a company that has been attracting attention for its recent developments. Brian Freitas predicts potential changes in September, with a focus on SenseTime Group and JD Logistics as potential deletions. Sumeet Singh, on the other hand, views the recent placement by SenseTime Group as highly opportunistic, aiming to raise up to US$263m through selling a stake. Janaghan Jeyakumar, CFA, delves into the HSCEI index rebal event in June 2024, estimating a turnover of roughly 2.6% with potential low-conviction ADDs and DELs.


A look at SenseTime Group Smart Scores

FactorScoreMagnitude
Value4
Dividend1
Growth5
Resilience3
Momentum5
OVERALL SMART SCORE3.6

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

Based on the Smartkarma Smart Scores, SenseTime Group has a promising long-term outlook. With high scores in Growth and Momentum, the company is positioned for significant expansion and market traction in the coming years. Additionally, a strong Value score suggests that SenseTime Group is currently undervalued, potentially offering investors a good opportunity for future returns. However, the low Dividend score indicates that the company may not be focusing on distributing profits to shareholders in the form of dividends.

SenseTime Group, a provider of information technology services specializing in artificial intelligence and computer vision software products, shows resilience in the face of market challenges with a score of 3. This indicates that the company has the ability to adapt and withstand adverse conditions. Overall, SenseTime Group’s high scores in Growth and Momentum, coupled with its solid Value and Resilience scores, point towards a bright future for the company in the technology sector.


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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