Market Movers

SenseTime Group’s Stock Price Soars to 1.53 HKD with a Stellar 4.08% Increase

SenseTime Group (20)

1.53 HKD +0.06 (+4.08%) Volume: 344.08M

SenseTime Group’s stock price surges to 1.53 HKD, marking a significant +4.08% increase this trading session with a robust trading volume of 344.08M. Exhibiting a year-to-date percentage change of +2.68%, the company’s stock performance continues to show promising growth.


Latest developments on SenseTime Group

Today, SenseTime Group Inc. (HKG:20) stock price experienced movement after analysts revised their revenue forecasts for the company. CLSA adjusted their target price for SENSETIME-W (00020.HK) to $1.85, while maintaining an Outperform rating. This news has sparked interest among investors and contributed to the fluctuations in SenseTime Group’s stock price throughout the trading day.


A look at SenseTime Group Smart Scores

FactorScoreMagnitude
Value4
Dividend1
Growth4
Resilience3
Momentum4
OVERALL SMART SCORE3.2

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, SenseTime Group has a positive long-term outlook. With high scores in areas such as Value, Growth, and Momentum, the company is positioned well for future success. Its strong value and growth potential indicate that investors may see promising returns in the coming years. Additionally, its momentum score suggests that the company is on a positive trajectory in terms of market performance.

SenseTime Group, a company that offers information technology services with a focus on artificial intelligence software products, computer vision software products, and other related products, has received favorable scores in key areas such as Value, Growth, and Momentum. While its Dividend and Resilience scores are not as high, the overall outlook for SenseTime Group appears to be optimistic. This indicates that the company may continue to thrive and expand its presence in the Chinese market in the long term.


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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