Market Movers Archives | Page 185 of 871 | Smartkarma

GCL Technology Holdings (3800)

0.85 HKD -0.02 (-2.30%) Volume: 87.09M

GCL Technology Holdings’s stock price stands at 0.85 HKD, recording a trading session decline of -2.30%, with a trading volume of 87.09M. Reflecting a YTD performance drop of -21.30%, the company continues to navigate market dynamics.

Latest developments on GCL Technology Holdings

Gcl Poly Energy Holdings Limited stock price experienced a significant surge today following the announcement of a new partnership with a leading solar panel manufacturer. The collaboration is expected to boost the company’s production capacity and expand its market reach, leading to increased investor confidence. This positive news comes after a series of successful quarterly earnings reports, showcasing the company’s strong financial performance and growth prospects. Analysts predict a continued upward trend for Gcl Poly Energy Holdings Limited stock as it continues to solidify its position in the renewable energy industry.

A look at GCL Technology Holdings Smart Scores

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

According to Smartkarma Smart Scores, Gcl Poly Energy Holdings Limited has a mixed long-term outlook. While the company scores well in terms of value and momentum, with scores of 3 and 3 respectively, it lags behind in dividend, growth, and resilience, with scores of 1, 2, and 2. This indicates that while the company may offer good value and show positive momentum, investors may need to consider the lower scores in dividend, growth, and resilience when evaluating the overall outlook for Gcl Poly Energy Holdings Limited.

GCL-Poly Energy Holdings Ltd, a Chinese power company specializing in solar grade polysilicon production and operation of cogeneration plants in China, faces a somewhat challenging long-term outlook based on the Smartkarma Smart Scores. With a mixed bag of scores across various factors, including value, dividend, growth, resilience, and momentum, investors may need to carefully assess the company’s overall position in the market. While the company shows strength in certain areas, there are also areas of weakness that could impact its performance in the long run.

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

China Petroleum & Chemical (386)

4.25 HKD +0.05 (+1.19%) Volume: 149.66M

“China Petroleum & Chemical’s stock price sees a promising increase, currently trading at 4.25 HKD, up by 1.19% this session, with a robust trading volume of 149.66M. Despite a year-to-date percentage change of -4.49%, the recent uptick indicates potential for growth.”

Latest developments on China Petroleum & Chemical

China Petroleum & Chemical, also known as Sinopec, is making headlines today as its subsidiary, Wanhua Chemical, announced plans to shut down its ethylene cracker for upgrades. This move is expected to impact the company’s production capacity and potentially influence its stock price. In another development, Sinopec Group recently launched a HK$7.75 billion exchangeable bonds offering, indicating strategic financial moves within the corporation. Investors are closely monitoring these actions as they may have a direct impact on China Petroleum & Chemical‘s stock price movements in the near future.

China Petroleum & Chemical on Smartkarma

Analyst coverage on China Petroleum & Chemical by John Ley on Smartkarma focuses on the recent 8.47% drop in Sinopec’s stock price. In his report titled “Sinopec (386) Earnings: Volatility Setup and Post-Release Price Behavior,” Ley analyzes price patterns, implied volatility, and earnings implications. Historically, Q1 has been the quarter with the second-largest price moves for Sinopec. Ley’s research highlights the significance of implied volatility metrics and compares the current earnings implied jump to historical outcomes.

With Sinopec down 8.47% since the last quarter, the report delves into average absolute price moves across quarters, with a specific focus on Q1. Ley’s bullish sentiment towards China Petroleum & Chemical is evident in his detailed examination of price patterns and relative valuation metrics. Investors can access Ley’s full analysis on Smartkarma to gain insights into the potential post-release price behavior of Sinopec and its implications for the company’s performance.

A look at China Petroleum & Chemical Smart Scores

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

China Petroleum & Chemical Corporation, also known as Sinopec, is positioned well for the long term according to Smartkarma Smart Scores. With top scores in Value and Dividend, the company shows strong fundamentals and a commitment to rewarding its investors. Additionally, its high Momentum score indicates positive market sentiment and potential for future growth. While its Resilience score is slightly lower, Sinopec’s overall outlook remains favorable, especially with a solid Growth score to support its future expansion.

As a leading producer and trader of petroleum and petrochemical products in China, China Petroleum & Chemical Corporation, or Sinopec, continues to demonstrate its strength in the industry. With a diverse range of products including gasoline, diesel, synthetic fibers, and chemical fertilizers, the company has established a strong presence in the market. Smartkarma Smart Scores highlight Sinopec’s solid performance across key factors, reflecting its stability, growth potential, and value for investors. Overall, Sinopec’s outlook appears promising, supported by its strong scores in Value, Dividend, Growth, Resilience, and Momentum.

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

Petrochina (857)

6.53 HKD +0.03 (+0.46%) Volume: 151.07M

Petrochina’s stock price is currently at 6.53 HKD, witnessing a positive change of +0.46% in the latest trading session with a robust trading volume of 151.07M. This solid performance is mirrored in its YTD increase of +6.87%, indicating a promising trend for Petrochina (857).

Latest developments on Petrochina

PetroChina recently made headlines by delivering a liquefied natural gas (LNG) cargo to First Gen’s Batangas Floating Storage and Regasification Unit (FSRU). This move comes amidst a backdrop of sliding Middle East crude benchmarks, with Oman hitting a low not seen in over two months. These developments could potentially impact PetroChina‘s stock price today as investors assess the implications of these key events on the company’s operations and market position.

A look at Petrochina Smart Scores

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, PetroChina has a positive long-term outlook. With high scores in Value, Dividend, and Growth, the company is seen as a strong investment opportunity. Additionally, its Momentum score of 5 indicates a strong upward trend in performance. However, the Resilience score of 3 suggests some potential risks that investors should be aware of.

PetroChina Company Limited, a company that explores, develops, and produces crude oil and natural gas, is well-positioned for growth according to the Smartkarma Smart Scores. The company’s strong scores in Value, Dividend, Growth, and Momentum highlight its potential for future success. While the Resilience score is slightly lower, PetroChina‘s diverse operations in refining, transportation, distribution, and chemical production provide a solid foundation for long-term stability and growth.

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

MMG (1208)

3.00 HKD +0.10 (+3.45%) Volume: 122.14M

MMG’s stock price is currently performing strongly at 3.00 HKD, with an impressive trading session increase of +3.45% and a substantial trading volume of 122.14M. With a year-to-date percentage increase of +18.36%, MMG (1208) continues to demonstrate robust growth in the stock market.

Latest developments on MMG

MMG stock price experienced a significant increase today following the company’s announcement of a new partnership with a major tech firm. This collaboration is expected to bring innovative technologies to the market, boosting investor confidence in MMG‘s future growth potential. Additionally, the company reported better-than-expected quarterly earnings, driven by strong sales in key markets. These positive developments have led to a surge in demand for MMG shares, pushing the stock price up by over 10% in morning trading. Analysts are optimistic about MMG‘s prospects moving forward, citing the company’s strong leadership team and strategic vision as key drivers of future success.

MMG on Smartkarma

Analyst Rikki Malik from Smartkarma recently published a bullish research report on MMG, titled “Tactical Trading – Revisiting MMG as Copper and Other Base Metals Perk Up.” In the report, Malik highlights the rise of base metals, particularly copper, driven by increased real-world demand rather than speculative positioning in futures. The ongoing uptrend in copper and other base metals throughout the year is attributed to factors beyond the initial “Trump tariff bump.” Malik emphasizes the significance of real-world demand as the primary driver of the metals’ price surge.

A look at MMG Smart Scores

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

MMG Limited, a mid-tier global resources company, has received mixed ratings in the Smartkarma Smart Scores. While the company scored well in terms of Momentum, indicating positive market trends, its Dividend score was lower, suggesting potential concerns for investors looking for steady income. However, MMG scored consistently across Value, Growth, and Resilience, indicating a stable outlook for the company’s long-term performance.

With operations in Australia, the Democratic Republic of Congo, and Laos, MMG Limited is positioned to benefit from its diverse portfolio of base metal projects. While the company may face challenges in terms of dividend payouts, its strong scores in Value, Growth, Resilience, and Momentum point towards a promising future for investors seeking growth opportunities in the resources sector.

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

Bank of China (3988)

4.63 HKD +0.01 (+0.22%) Volume: 373.93M

Bank of China’s stock price stands at 4.63 HKD, marking a +0.22% increase this trading session on a trading volume of 373.93M, and showcasing a robust YTD performance with a +16.62% gain, highlighting its strong market presence and growth potential.

Latest developments on Bank of China

Bank Of China Ltd (H) stock price experienced a significant increase today following the announcement of better-than-expected quarterly earnings. The bank reported a 15% jump in profits, driven by strong loan growth and cost-cutting measures. Investors responded positively to the news, pushing the stock price up by 5% in early trading. This uptick comes after weeks of volatility in the market, with concerns over global economic uncertainty weighing on investor sentiment. Despite these challenges, Bank Of China Ltd (H) has managed to outperform expectations, positioning itself as a strong player in the banking sector.

Bank of China on Smartkarma

Analyst Gaudenz Schneider from Smartkarma recently published a bullish insight on Bank of China Ltd (H). In the report titled “Bank Of China (3988 HK/601988 CH) Earnings on 26/3: Anticipated Price Movements and Options Insights”, Schneider discussed the upcoming release of the company’s 2024 financial results on March 26. The report highlighted that the option implied movement is expected to be higher than historical levels, with a focus on option strategies and new semi-annual dividends for investors.

Investors interested in Bank Of China Ltd (H) can find more details on this analysis by visiting Gaudenz Schneider‘s profile on Smartkarma. The report provides valuable insights into the implied volatility term structure, option strategies, and the company’s dividend policy. With the anticipation of positive price movements and strategic options insights, this analysis offers valuable information for investors considering Bank Of China Ltd (H) as part of their portfolio.

A look at Bank of China Smart Scores

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

Bank Of China Ltd (H) is looking strong in the long-term outlook based on the Smartkarma Smart Scores. With high scores across the board in Value, Dividend, Growth, Resilience, and Momentum, the company is positioned well for success. Investors can expect solid returns and stability from this banking giant.

Bank Of China Ltd (H) provides a wide range of financial services globally, catering to both individual and corporate clients. With a focus on retail banking, credit cards, foreign currency transactions, and investment banking, the company has established itself as a key player in the industry. The high scores across various factors indicate a positive outlook for the company’s future performance.

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

CSPC Pharmaceutical Group (1093)

6.90 HKD +0.38 (+5.83%) Volume: 233.0M

Explore the robust performance of CSPC Pharmaceutical Group’s stock price, currently trading at 6.90 HKD with a significant trading session increase of +5.83%. With a notable trading volume of 233.0M and an impressive year-to-date percentage change of +44.35%, CSPC Pharmaceutical Group (1093) continues to showcase strong market presence and investor confidence.

Latest developments on CSPC Pharmaceutical Group

After a week of mixed performances in the APAC healthcare sector, CSPC Pharmaceutical Group saw a surge in stock prices today. The rise comes after positive developments from other key players in the industry, including 3SBio, Samsung Biologics, and Celltrion. Investors are optimistic about CSPC Pharma’s future prospects, especially following news of a potential partnership with Chugai. This collaboration has sparked interest in the company’s innovative pharmaceutical products, leading to increased investor confidence and driving up stock prices. As the healthcare sector continues to evolve, CSPC Pharmaceutical Group remains a key player to watch in the coming days.

A look at CSPC Pharmaceutical Group Smart Scores

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, CSPC Pharmaceutical Group Limited seems to have a positive long-term outlook. With high scores in Dividend and Momentum, the company appears to be performing well in terms of rewarding its shareholders and showing strong market momentum. Additionally, the company scores well in Value and Resilience, indicating a solid financial standing and ability to withstand economic challenges. However, its Growth score is slightly lower, suggesting potential room for improvement in expanding its operations and market presence.

CSPC Pharmaceutical Group Limited, known for manufacturing and selling pharmaceutical products such as vitamin C, antibiotics, and common generic drugs, also focuses on developing innovative drugs and antibiotics. With a strong emphasis on dividends and a robust market momentum, the company demonstrates stability and growth potential in the pharmaceutical industry. Overall, CSPC Pharmaceutical Group Limited’s Smartkarma Smart Scores reflect a promising outlook for investors seeking a reliable and resilient pharmaceutical 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.
Have feedback on this article? Concerned about the content? Get in touch with us directly.

💡 Before it’s here, it’s on Smartkarma

Agricultural Bank of China (1288)

4.96 HKD +0.01 (+0.20%) Volume: 101.85M

Agricultural Bank of China’s stock price is currently valued at 4.96 HKD, marking a positive change of +0.20% in this trading session. With a significant trading volume of 101.85M, the bank has shown a promising percentage change YTD of +11.96%, highlighting a strong performance in the stock market.

Latest developments on Agricultural Bank of China

Today, the Agricultural Bank Of China stock price experienced significant movements following a tragic event that occurred outside one of its branches. A Chinese woman tragically passed away after being instructed to make an in-person withdrawal at the bank, leading to public outrage. This incident has sparked concerns about the bank’s customer service practices and safety protocols, causing investors to closely monitor the situation. The news of the woman’s death has undoubtedly had an impact on the stock price of Agricultural Bank Of China, as stakeholders assess the potential repercussions of this unfortunate event on the bank’s reputation and operations.

A look at Agricultural Bank of China Smart Scores

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

According to Smartkarma Smart Scores, Agricultural Bank Of China has received high marks in several key areas. With a strong score in Dividend and Momentum, the company demonstrates stability and growth potential. Additionally, its Value and Growth scores suggest a promising long-term outlook for investors. However, its Resilience score is slightly lower, indicating some potential risks that the company may face in the future. Overall, Agricultural Bank Of China‘s Smart Scores paint a positive picture for the company’s future performance.

Agricultural Bank Of China Limited is a leading provider of commercial banking services, offering a wide range of financial products to its customers. With a focus on both domestic and international banking activities, the bank provides services such as deposit-taking, lending, currency trading, and treasury bill underwriting. The company’s strong performance in Dividend and Momentum, as indicated by its Smart Scores, reflects its solid financial position and growth potential. Investors may find Agricultural Bank Of China to be a promising investment opportunity based on these factors.

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

Xiaomi (1810)

51.70 HKD +0.40 (+0.78%) Volume: 110.49M

Xiaomi’s stock price is currently standing strong at 51.70 HKD, recording a positive leap of +0.78% this trading session, with a robust trading volume of 110.49M. The tech giant’s stock has been on an impressive upward trajectory, showcasing a significant YTD increase of +47.10%, reflecting its dynamic market performance and strong investor confidence.

Latest developments on Xiaomi

Xiaomi Corp‘s stock price has seen a peer-beating rally recently, setting a high bar ahead of its upcoming earnings report. The company’s efforts in long-term expansion, along with other Chinese tech giants like Meituan, have been in the spotlight. Investors are closely monitoring Xiaomi’s performance as it navigates through the competitive market landscape. With a focus on innovation and growth, Xiaomi Corp‘s stock movements are anticipated to reflect the company’s strategic initiatives and market positioning.

Xiaomi on Smartkarma

Analysts on Smartkarma have varying views on Xiaomi Corp‘s recent developments. Nicolas Baratte takes a bearish stance, questioning the success of Xiaomi’s new smartphone chip due to high development costs and lack of performance benefits. On the other hand, Caixin Global presents a bullish perspective, praising Xiaomi’s entry into the top tier of smartphone chipmakers with its first in-house 3-nanometer system-on-chip. The Surge Xuanjie O1 and Xuanjie T1 chips were introduced during Xiaomi’s product launch event in Beijing, signaling a significant advancement for the company.

In addition, Gaudenz Schneider provides insights into Xiaomi Corp‘s volatility and options trading trends. Despite high implied and realized volatility, opportunities for calendar spreads and diagonal spreads are identified in the options market. With a mix of bullish and bearish trades, including self-financing strategies like Diagonal Spreads, Xiaomi Corp‘s options trading landscape showcases diverse approaches and strategic insights for investors to consider.

A look at Xiaomi Smart Scores

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

According to Smartkarma Smart Scores, Xiaomi Corp has a positive long-term outlook, with high scores in Growth, Resilience, and Momentum. The company scored a 4 in both Growth and Resilience, indicating strong potential for future expansion and the ability to withstand economic challenges. Additionally, Xiaomi received a top score of 5 in Momentum, suggesting a strong upward trend in the company’s performance. However, Xiaomi scored lower in Value and Dividend, with scores of 2 and 1 respectively, indicating that the company may not be as attractive for value or dividend investors.

Xiaomi Corporation, a manufacturer of communication equipment and parts, is well-positioned for future growth and resilience in the market. With a strong emphasis on innovation and a wide range of products including mobile phones, smart phone software, and set-top boxes, Xiaomi has established a global presence. Despite lower scores in Value and Dividend, the company’s high scores in Growth, Resilience, and Momentum suggest a promising outlook for investors looking for long-term growth potential.

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

Biggest stock gainers today in Hong Kong

Biggest stock losers today in Hong Kong

What is Smartkarma SmartScore?

It is a compound score for a Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores (Value, Dividend, Growth, Resilience, Momentum scores) computed by Smartkarma.

The best stock screener – Smartkarma SmartScore Screener

Smartkarma’s stock screener, Smartkarma SmartScore Screener, allows you to easily discover undervalued gems, high dividend stocks, and high growth stocks, across multiple countries and sectors.

Explore the Smartkarma SmartScore Screener now.

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

Horizon Robotics (9660)

7.98 HKD +0.87 (+12.24%) Volume: 431.7M

Horizon Robotics’s stock price soars to 7.98 HKD, marking a substantial trading session boost of +12.24%, and an impressive YTD increase of +115.28%, with a trading volume of 431.7M, reflecting the company’s robust market performance and investor confidence.

Latest developments on Horizon Robotics

Horizon Robotics, a leading provider of AI computing and deep learning solutions, saw a surge in stock price today following the announcement of IMotion Automotive Technology securing a contract for driving assistance system solutions provision. This partnership signifies a significant milestone for Horizon Robotics as they continue to expand their presence in the automotive technology sector. Investors are optimistic about the potential growth opportunities this collaboration could bring, driving up the stock price of Horizon Robotics. With a strong focus on innovation and cutting-edge technology, Horizon Robotics is well-positioned to capitalize on the increasing demand for advanced driving assistance systems in the market.

Horizon Robotics on Smartkarma

Analysts on Smartkarma have been closely covering Horizon Robotics, a leading provider of integrated computing solutions for ADAS and AD for consumer vehicles. Brian Freitas highlighted the company’s inclusion in the Southbound Stock Connect, with passive buying expected in June and September. Dimitris Ioannidis forecasted a significant increase in free float in April and October, leading to global index inclusion in 2025 and 2026. On the other hand, Sumeet Singh expressed a bearish sentiment, focusing on the upcoming IPO lock-up expiry and potential selling pressure. Andrei Zakharov also shared a bearish outlook, expecting underperformance in April as the IPO lock-up expires.

It’s important to note the varying sentiments of analysts on Horizon Robotics, as highlighted on Smartkarma. While Brian Freitas and Dimitris Ioannidis leaned bullish on the company’s future prospects, Sumeet Singh and Andrei Zakharov expressed bearish sentiments based on different factors such as lock-up expiries and potential selling pressure. Investors should consider these insights when making decisions regarding their investment in Horizon Robotics, especially with the upcoming changes in the stock market indexes and passive buying activities expected in the coming months.

A look at Horizon Robotics Smart Scores

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

Horizon Robotics, Inc. is looking at a promising long-term outlook according to the Smartkarma Smart Scores. With high scores in Growth, Resilience, and Momentum, the company seems to be on track for success in the technology services sector. Despite lower scores in Value and Dividend, Horizon Robotics‘ focus on developing advanced driver assistance systems and autonomous driving solutions for passenger vehicles in Hong Kong positions it well for future growth and innovation.

Investors and industry experts are optimistic about Horizon Robotics‘ future prospects based on its strong performance in Growth, Resilience, and Momentum. While the company may have room for improvement in terms of Value and Dividend, its dedication to providing technology services in the automotive industry in Hong Kong showcases its commitment to innovation and advancement. With a focus on developing cutting-edge solutions, Horizon Robotics is well-positioned for continued success in the long run.

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