Agricultural Bank of China (1288)
4.86 HKD +0.01 (+0.21%) Volume: 488.04M
Agricultural Bank of China’s stock price stands at 4.86 HKD, marking a positive shift of +0.21% in the latest trading session and an impressive YTD increase of +9.71%, with a substantial trading volume of 488.04M, highlighting the bank’s robust market performance and potential for investor growth.
Latest developments on Agricultural Bank of China
Today, the Agricultural Bank Of China saw fluctuations in its stock price following key events in the market. Investors were closely monitoring the bank’s performance after reports of an increase in loan defaults and a decrease in profits. This news caused uncertainty among shareholders, leading to a drop in the stock price. However, analysts remain optimistic about the bank’s long-term prospects, citing its strong position in the Chinese market and potential for growth in the future.
A look at Agricultural Bank of China Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 4 | |
| Dividend | 5 | |
| Growth | 4 | |
| Resilience | 3 | |
| Momentum | 5 | |
| OVERALL SMART SCORE | 4.2 |
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
Based on the Smartkarma Smart Scores, Agricultural Bank Of China seems to have a positive outlook for the future. With high scores in Dividend and Momentum, the company appears to be in a strong position to provide good returns for investors. Additionally, scoring well in Value and Growth indicates that the company is undervalued and has potential for future expansion.
Agricultural Bank Of China‘s resilience score is slightly lower, suggesting that there may be some challenges the company will need to navigate in the long term. However, overall, the combination of high scores in key areas bodes well for the company’s future performance and stability in the market.
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.
π‘ Before itβs here, it’s on Smartkarma
Sign Up for Free
The Smartkarma Preview Pass is your entry to the Independent Investment Research Network
- β Unlimited Research Summaries
- β Personalised Alerts
- β Custom Watchlists
- β Company Analytics and News
- β Events & Webinars
