
CGN Power (1816)
2.50 HKD -0.03 (-1.19%) Volume: 87.35M
CGN Power’s stock price currently stands at 2.50 HKD, experiencing a slight dip of -1.19% this trading session, with a substantial trading volume of 87.35M. Despite the recent downturn, it’s noteworthy to mention its YTD performance, which registers a -12.28% change, reflecting its volatile nature in the market. Stay updated for more insights on CGN Power (1816).’s stock performance.
Latest developments on CGN Power
CGN Power (01816) stock price experienced fluctuations today following a series of bullish and bearish block trades. The company made headlines with its global moves towards green energy, including announcing winning bidders in a 10 GWh BESS tender. Despite a bullish block trade of 948K shares at $2.5, with a turnover of $2.37M, a bearish block trade of 1M shares at $2.54 and 5.3M shares at $2.53, with turnovers of $2.54M and $13.409M respectively, impacted the stock price. Additionally, a bullish block trade of 781K shares at $2.54, with a turnover of $1.984M, contributed to the stock price movements today.
A look at CGN Power Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 4 | |
| Dividend | 5 | |
| Growth | 3 | |
| Resilience | 3 | |
| Momentum | 2 | |
| OVERALL SMART SCORE | 3.4 |
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
CGN Power Co., Ltd. has a promising long-term outlook based on the Smartkarma Smart Scores. With high scores in Dividend and Value, the company is poised to provide strong returns to investors while maintaining financial stability. Although its Growth and Resilience scores are slightly lower, CGN Power‘s focus on managing and overseeing nuclear power stations in multiple regions of China positions it well for future expansion and development. While its Momentum score is the lowest, the company’s strategic partnerships and support services indicate potential for growth in the coming years.
As a subsidiary of China General Nuclear Power Corporation, CGN Power Co., Ltd. plays a crucial role in the operation and management of nuclear power generating stations in China. With a strong emphasis on selling electricity, overseeing construction, and providing technical research and support services, the company is well-positioned to thrive in the evolving energy sector. By leveraging its high Dividend and Value scores, CGN Power can continue to attract investors and maintain its reputation as a reliable player in the industry, ensuring a stable long-term outlook for the company.
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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