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Samsung Electronics (OTCMKTS:SSNLF) Hits New 52-Week High - What's Next?

Samsung Electronics logo with Computer and Technology background

Shares of Samsung Electronics Co., Ltd. (OTCMKTS:SSNLF - Get Free Report) reached a new 52-week high on Thursday . The company traded as high as $42.33 and last traded at $42.33, with a volume of 1 shares trading hands. The stock had previously closed at $38.83.

Wall Street Analyst Weigh In

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

Check Out Our Latest Stock Analysis on SSNLF

Samsung Electronics Price Performance

The stock has a market cap of $5.46 billion, a price-to-earnings ratio of 15.79 and a beta of 0.88. The company's fifty day moving average price is $39.40 and its 200-day moving average price is $40.18.

About Samsung Electronics

(Get Free Report)

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.

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