Shares of China Petroleum & Chemical Corp (NYSE:SNP) have been assigned an average recommendation of “Hold” from the seven brokerages that are presently covering the firm, Marketbeat Ratings reports. One analyst has rated the stock with a sell rating, three have given a hold rating and two have given a buy rating to the company.

Separately, Credit Suisse Group raised China Petroleum & Chemical from a “neutral” rating to an “outperform” rating in a research note on Tuesday, September 10th.

SNP stock traded down $0.45 during trading on Monday, reaching $56.60. The stock had a trading volume of 166,601 shares, compared to its average volume of 172,469. China Petroleum & Chemical has a 52 week low of $56.28 and a 52 week high of $88.70. The stock’s 50 day moving average is $58.73 and its two-hundred day moving average is $63.89. The company has a current ratio of 0.89, a quick ratio of 0.55 and a debt-to-equity ratio of 0.32. The firm has a market cap of $71.10 billion, a PE ratio of 7.92, a PEG ratio of 4.16 and a beta of 1.48.

China Petroleum & Chemical (NYSE:SNP) last posted its earnings results on Wednesday, August 28th. The oil and gas company reported $1.94 earnings per share for the quarter, missing analysts’ consensus estimates of $2.17 by ($0.23). China Petroleum & Chemical had a net margin of 1.53% and a return on equity of 7.41%. The firm had revenue of $114.56 billion during the quarter. On average, research analysts anticipate that China Petroleum & Chemical will post 6.39 EPS for the current year.

Hedge funds and other institutional investors have recently bought and sold shares of the company. Eqis Capital Management Inc. grew its holdings in China Petroleum & Chemical by 6.1% during the 3rd quarter. Eqis Capital Management Inc. now owns 5,836 shares of the oil and gas company’s stock valued at $343,000 after buying an additional 336 shares in the last quarter. Tower Research Capital LLC TRC boosted its holdings in shares of China Petroleum & Chemical by 29,840.0% in the 3rd quarter. Tower Research Capital LLC TRC now owns 4,491 shares of the oil and gas company’s stock worth $263,000 after purchasing an additional 4,476 shares during the period. Alps Advisors Inc. boosted its holdings in shares of China Petroleum & Chemical by 3.1% in the 3rd quarter. Alps Advisors Inc. now owns 10,084 shares of the oil and gas company’s stock worth $592,000 after purchasing an additional 302 shares during the period. Parallel Advisors LLC boosted its holdings in shares of China Petroleum & Chemical by 178.5% in the 3rd quarter. Parallel Advisors LLC now owns 1,682 shares of the oil and gas company’s stock worth $99,000 after purchasing an additional 1,078 shares during the period. Finally, Sigma Planning Corp purchased a new position in shares of China Petroleum & Chemical in the 3rd quarter worth approximately $356,000. 0.97% of the stock is currently owned by hedge funds and other institutional investors.

About China Petroleum & Chemical

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

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