Samsung Electronics (OTCMKTS:SSNLF – Get Free Report) was upgraded by Susquehanna from a “hold” rating to a “strong-buy” rating in a report issued on Tuesday,Zacks.com reports.
Samsung Electronics Stock Performance
SSNLF stock opened at $65.21 on Tuesday. The company has a market cap of $8.42 billion, a P/E ratio of 24.33 and a beta of 0.88. Samsung Electronics has a 52 week low of $38.83 and a 52 week high of $65.21. The company’s 50-day moving average price is $65.21 and its 200 day moving average price is $50.97.
About Samsung Electronics
Samsung Electronics Co, Ltd. is a South Korean multinational technology company headquartered in Suwon, South Korea. As a core subsidiary of the Samsung Group, the company designs, develops and manufactures a broad range of consumer electronics, mobile communications devices and semiconductor products. Its diversified portfolio spans televisions and home appliances, smartphones and network equipment, as well as memory and system LSI chips used across data centers and automotive platforms.
In the consumer electronics segment, Samsung is known for high-definition TVs, monitors, refrigerators, washing machines and air conditioners, incorporating smart connectivity and energy-efficient technologies.
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