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

JPMorgan Chase & Co. downgraded shares of Samsung Electronics (OTCMKTS:SSNLF) from an overweight rating to a neutral rating in a research note published on Wednesday, Marketbeat.com reports.

Samsung Electronics Price Performance

Shares of OTCMKTS:SSNLF opened at $40.60 on Wednesday. The company has a market cap of $5.24 billion, a P/E 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. The company has a 50-day moving average price of $40.60 and a 200 day moving average price 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.