Zacks Investment Research downgraded China Petroleum & Chemical Corp (ADR) (NYSE:SNP) to Hold in a report released today.
- Updated: March 20, 2017
Zacks Investment Research has downgraded China Petroleum & Chemical Corp (ADR) (NYSE:SNP) to Hold in a report released on Monday March 20, 2017.
Previously on 02/09/2017, Zacks Investment Research reported on China Petroleum & Chemical Corp (ADR) (NYSE:SNP) raised the target price from $0.00 to $88.00. At the time, this indicated a possible upside of 0.11%.
Yesterday China Petroleum & Chemical Corp (ADR) (NYSE:SNP) traded 1.23% higher at $77.60. The company’s 50-day moving average is $78.18 and its 200-day moving average is $74.25. The last closing price is up 4.51% from the 200-day moving average, compared to the S&P 500 which has increased 0.04% over the same time. 28,257 shares of the stock were exchanged, down from an average trading volume of 86,484
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China Petroleum & Chemical Corp (ADR) has a 52 week low of $60.24 and a 52 week high of $81.64 with a P/E ratio of 18.48 The company’s market cap is currently $0.
General Information About China Petroleum & Chemical Corp (ADR) (NYSE:SNP)
China Petroleum & Chemical Corporation is an energy and chemical company. The Company is engaged in oil and gas, and chemical operations in the People's Republic of China (the PRC). The Company's segments include exploration and production segment, refining segment, marketing and distribution segment, chemicals segment, and corporate and others. Its exploration and production segment explores and develops oil fields, and produces crude oil and natural gas. Its refining segment processes and purifies crude oil, which is sourced from the Company's exploration and production segment and external suppliers. Its marketing and distribution segment owns and operates oil depots and service stations in the PRC. Its chemical segment manufactures and sells petrochemical products, derivative petrochemical products and other chemical products to external customers. Corporate and others consist of the trading activities of the import and export companies of the Company's subsidiaries.
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