China Petroleum & Chemical Co. (OTCMKTS:SNPMF – Get Free Report) crossed below its 200-day moving average during trading on Monday. The stock has a 200-day moving average of $0.59 and traded as low as $0.58. China Petroleum & Chemical shares last traded at $0.58, with a volume of 15,150 shares changing hands.
China Petroleum & Chemical Trading Down 3.3%
The company has a 50 day moving average of $0.58 and a two-hundred day moving average of $0.59.
China Petroleum & Chemical Company Profile
China Petroleum & Chemical Corporation, commonly known as Sinopec, is an integrated energy and chemical company headquartered in Beijing, China. The company operates across the petroleum and petrochemical value chain, including crude oil and natural gas exploration and production, refining, transportation, storage and marketing.
Sinopec produces and sells gasoline, diesel, jet fuel, lubricants and other refined petroleum products through its extensive distribution and service-station network.
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