Market Movers

SenseTime Group’s Stock Price Dips to 1.71 HKD, Recording a 2.29% Decrease

SenseTime Group (20)

1.71 HKD -0.04 (-2.29%) Volume: 503.39M

SenseTime Group’s stock price currently stands at 1.71 HKD, witnessing a slight dip of -2.29% this trading session, however, maintaining a positive YTD performance with a surge of +14.77%. The trading volume is robust, standing at 503.39M, indicating active market participation.


Latest developments on SenseTime Group

SenseTime Group Inc. recently scheduled a board meeting to review their annual results, indicating a significant update for investors. Additionally, insiders within the company have shown confidence in its future prospects by purchasing CNΒ₯11.6m worth of stock, which may have contributed to the recent movements in SenseTime Group’s stock price. These events suggest a positive outlook for the company and could potentially influence investor sentiment moving forward.


A look at SenseTime Group Smart Scores

FactorScoreMagnitude
Value4
Dividend1
Growth5
Resilience3
Momentum4
OVERALL SMART SCORE3.4

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

Based on the Smartkarma Smart Scores, SenseTime Group has a positive long-term outlook. With a high score in Growth, the company is expected to experience significant expansion and development in the future. Additionally, its strong value score indicates that it is considered to be a good investment opportunity. However, the low score in Dividend suggests that the company may not provide substantial dividend payouts to its investors.

SenseTime Group also received a high score in Momentum, suggesting that it is currently performing well in the market. This, combined with a moderate score in Resilience, indicates that the company is able to withstand economic downturns and market fluctuations to some extent. Overall, SenseTime Group’s focus on artificial intelligence and computer vision software products positions it well for continued growth and success in the IT services industry, particularly in 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.
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