China Petroleum & Chemical Co. (OTCMKTS:SNPMF – Get Free Report)’s stock price was up 7.8% during trading on Tuesday . The company traded as high as $0.55 and last traded at $0.55. 10,000 shares traded hands during mid-day trading, a decline of 84% from the average session volume of 62,537 shares. The stock had previously closed at $0.51.
China Petroleum & Chemical Trading Up 1.8%
The company has a fifty day moving average price of $0.57 and a 200 day moving average price of $0.60.
About China Petroleum & Chemical
China Petroleum & Chemical Corporation (OTCMKTS: SNPMF), commonly known as Sinopec, is one of China’s largest integrated energy and chemical companies. Established in 1998 and headquartered in Beijing, Sinopec operates across the full hydrocarbon value chain, encompassing exploration and production of crude oil and natural gas, refining, marketing and distribution of petroleum products, as well as the manufacture of a broad array of petrochemicals. The company manages extensive refining facilities, petrochemical complexes and a nationwide retail network of service stations.
On the upstream side, Sinopec engages in onshore and offshore exploration and production activities through joint ventures and wholly owned subsidiaries.
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