Samsung Electronics (OTCMKTS:SSNLF – Get Free Report) is expected to be announcing its results before the market opens on Thursday, October 29th. Analysts expect Samsung Electronics to post earnings of $10.31 per share and revenue of $153.05 billion for the quarter.
Samsung Electronics Price Performance
Shares of OTCMKTS SSNLF opened at $140.00 on Wednesday. Samsung Electronics has a fifty-two week low of $65.21 and a fifty-two week high of $140.00. The business has a 50 day moving average price of $140.00 and a two-hundred day moving average price of $114.95. The firm has a market cap of $18.07 billion, a PE ratio of 52.24 and a beta of 0.88.
Wall Street Analyst Weigh In
SSNLF has been the subject of several research analyst reports. Erste Group Bank cut Samsung Electronics from a “buy” rating to a “hold” rating in a research note on Tuesday, July 7th. Zacks Research raised shares of Samsung Electronics to a “hold” rating in a research report on Wednesday, August 5th. One investment analyst has rated the stock with a Strong Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy”.
View Our Latest Research Report on SSNLF
Samsung Electronics Company Profile
Samsung Electronics Co, Ltd. is a South Korean technology company founded in 1969 and headquartered in Suwon, South Korea. It develops and manufactures consumer electronics, information technology products, telecommunications equipment, and electronic components for customers worldwide.
The company operates across several major business areas. Its Device eXperience operations offer smartphones and tablets under the Galaxy brand, televisions, monitors, home appliances, computers, network equipment, and related software and services.
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