China Petroleum & Chemical (OTCMKTS:SNPMF) Trading Up 0.5% – Should You Buy?

Shares of China Petroleum & Chemical Co. (OTCMKTS:SNPMFGet Free Report) were up 0.5% on Friday . The stock traded as high as $0.53 and last traded at $0.50. Approximately 6,300 shares traded hands during mid-day trading, a decline of 70% from the average daily volume of 20,966 shares. The stock had previously closed at $0.50.

China Petroleum & Chemical Price Performance

The firm’s fifty day moving average is $0.54 and its two-hundred day moving average is $0.53.

China Petroleum & Chemical Company Profile

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China Petroleum & Chemical Corporation, an energy and chemical company, engages in the oil and gas and chemical operations in Mainland China, Singapore, and internationally. It operates through five segments: Exploration and Production, Refining, Marketing and Distribution, Chemicals, and Corporate and Others.

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