Samsung Electronics (OTCMKTS:SSNLF) Shares Up 9% - Still a Buy?

Samsung Electronics Co., Ltd. (OTCMKTS:SSNLF - Get Free Report)'s share price shot up 9% during mid-day trading on Thursday . The stock traded as high as $42.33 and last traded at $42.33. 1 shares were traded during trading, a decline of 99% from the average session volume of 100 shares. The stock had previously closed at $38.83.

Analyst Upgrades and Downgrades

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

Samsung Electronics Stock Performance

The firm's fifty day simple moving average is $39.36 and its 200-day simple moving average is $40.17. The stock has a market cap of $5.46 billion, a P/E ratio of 15.79 and a beta of 0.88.

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.