Samsung Electronics (OTCMKTS:SSNLF) Sets New 52-Week Low at $57.75

Samsung Electronics Co., Ltd. (OTCMKTS:SSNLF – Get Rating) shares hit a new 52-week low during trading on Thursday . The company traded as low as $57.75 and last traded at $57.75, with a volume of 0 shares traded. The stock had previously closed at $57.75.

Several analysts have weighed in on SSNLF shares. Sanford C. Bernstein raised Samsung Electronics from a “market perform” rating to an “outperform” rating in a research note on Wednesday, March 16th. Loop Capital started coverage on shares of Samsung Electronics in a research note on Wednesday. They issued a “buy” rating for the company.

The company has a market cap of $7.46 billion, a price-to-earnings ratio of 21.23 and a beta of 3.89. The firm’s fifty day moving average price is $57.75 and its 200-day moving average price is $57.75.

Samsung Electronics (OTCMKTS:SSNLF – Get Rating) last announced its earnings results on Thursday, April 28th. The technology company reported $1.36 EPS for the quarter. The business had revenue of $64.56 billion for the quarter. Sell-side analysts predict that Samsung Electronics Co., Ltd. will post 3.13 EPS for the current fiscal year.

About Samsung Electronics (OTCMKTS:SSNLF)

Samsung Electronics Co, Ltd. engages in the consumer electronics, information technology and mobile communications, and device solutions businesses worldwide. It provides home appliances comprising of refrigerators, air dresser, washing machines, dryers, cooking appliances, dishwashers, vacuum cleaners, air conditioners, and air purifiers.

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