Samsung Electronics (OTCMKTS:SSNLF) Hits New 52-Week Low – Time to Sell?

Samsung Electronics Co., Ltd. (OTCMKTS:SSNLF) reached a new 52-week low on Wednesday . The stock traded as low as $38.83 and last traded at $38.83, with a volume of 1 shares. The stock had previously closed at $57.75.

Analysts Set New Price Targets

Separately, JPMorgan Chase & Co. raised Samsung Electronics from a “neutral” rating to an “overweight” rating in a research note on Thursday, April 3rd.

Samsung Electronics Price Performance

The stock has a market cap of $5.01 billion, a price-to-earnings ratio of 14.49 and a beta of 0.88. The company’s fifty day simple moving average is $40.53 and its two-hundred day simple moving average is $40.58.

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.