Samsung Electronics (OTCMKTS:SSNLF) Rating Lowered to “Neutral” at JPMorgan Chase & Co.

Samsung Electronics (OTCMKTS:SSNLF) was downgraded by research analysts at JPMorgan Chase & Co. from an “overweight” rating to a “neutral” rating in a report issued on Wednesday, MarketBeat.com reports.

Samsung Electronics Price Performance

Shares of Samsung Electronics stock opened at $40.60 on Wednesday. The business has a fifty day simple moving average of $40.60 and a 200 day simple moving average of $40.60. The stock has a market cap of $5.24 billion, a PE ratio of 15.15 and a beta of 0.88. Samsung Electronics has a 12 month low of $40.60 and a 12 month high of $40.60.

Samsung Electronics Company Profile

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.