
Alibaba Pictures Group (1060)
0.87 HKD +0.09 (+11.54%) Volume: 891.4M
Alibaba Pictures Group’s stock price soar at 0.87 HKD with a significant trading session increase of +11.54%, reflecting a robust trading volume of 891.4M and a remarkable YTD percentage change of +83.16%, showcasing the company’s promising market performance.
Latest developments on Alibaba Pictures Group
Alibaba Pictures has made headlines recently with the acquisition of the film ‘Molly’ for distribution in Malaysia through a collaboration between the U.K. and China. This move showcases the company’s commitment to expanding its presence in the international film market. Such strategic partnerships and acquisitions are likely to have a positive impact on Alibaba Pictures‘ stock price today as investors react to the potential growth opportunities presented by this latest development.
A look at Alibaba Pictures Group Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 1 | |
| Growth | 5 | |
| Resilience | 4 | |
| Momentum | 5 | |
| OVERALL SMART SCORE | 3.6 |
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
Alibaba Pictures Group Ltd. has received high scores in Growth and Momentum, indicating a positive long-term outlook for the company. With a Growth score of 5, Alibaba Pictures is expected to experience significant growth in the future. This, coupled with a Momentum score of 5, suggests that the company is performing well in the market and is likely to continue on an upward trajectory.
While Alibaba Pictures has a lower score in Dividend at 1, its Value and Resilience scores are moderate at 3 and 4 respectively. This indicates that the company may not be a strong option for dividend investors, but it is considered to have good value and resilience. Overall, based on the Smartkarma Smart Scores, Alibaba Pictures shows promise for long-term success in the television programming and motion pictures industry 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.
Have feedback on this article? Concerned about the content? Get in touch with us directly.
💡 Before it’s here, it’s on Smartkarma
Sign Up for Free
The Smartkarma Preview Pass is your entry to the Independent Investment Research Network
- ✓ Unlimited Research Summaries
- ✓ Personalised Alerts
- ✓ Custom Watchlists
- ✓ Company Analytics and News
- ✓ Events & Webinars