Samsung Electronics (OTCMKTS:SSNLF) Downgraded by JPMorgan Chase & Co. to Neutral

Samsung Electronics (OTCMKTS:SSNLF) was downgraded by equities researchers at JPMorgan Chase & Co. from an “overweight” rating to a “neutral” rating in a research note issued to investors on Wednesday,Briefing.com Automated Import reports.

Samsung Electronics Stock Performance

Shares of SSNLF stock remained flat at $40.60 during midday trading on Wednesday. 250 shares of the stock were exchanged, compared to its average volume of 100. The business’s fifty day moving average price is $40.60 and its 200 day moving average price is $40.60. The stock has a market cap of $5.24 billion, a price-to-earnings ratio of 15.15 and a beta of 0.88. Samsung Electronics has a 52 week low of $40.60 and a 52 week high of $40.60.

About Samsung Electronics

Samsung Electronics Co, Ltd. engages in the consumer electronics, information technology and mobile communications, and device solutions businesses worldwide. The company offers smartphones, tablets, watches, and accessories; TVs, projectors, and sound devices; home appliances, including refrigerators, washing machines and dryers, vacuum cleaners, cooking appliances, dishwashers, air conditioners, and air purifiers; monitors and memory storage products; displays, and smart and LED signages; and other accessories.