Telefonaktiebolaget L M Ericsson ADR (NASDAQ:ERIC) currently has a daily average trading volume of 18.07M but it saw 29434512 shares traded in last market. With a market cap of 15.54B USD, the company’s current market price of $5.06 came rising about 2.64 while comparing to the previous closing price of $4.93. In past 52 weeks, the stock remained buoying in the range of price level as high as $6.36 and as low as $4.33.
Taking a look at 20-day trading activity of Telefonaktiebolaget L M Ericsson ADR (ERIC) gives us an average price of $5.22, while its current price level is -20.44% below from 52-week high level whereas it is 16.86% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $5.37 while that of 200 days or SMA-200 reads an average of $5.25. A closer look into the stock’s movement over the week reveals that its volatility is standing at 3.72% during that period while stretching the period over a month that decreases to 2.49%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 43.24 which implies that the stock is in neutral territory.
Over the week, ERIC’s stock price is moving 0.60% up while it is -7.16% when we observe its performance for the past one month. Year-to-date it is -19.68% down and over the past year, the stock is showing a downside performance of -6.12%.
Currently, Telefonaktiebolaget L M Ericsson ADR’s total number of outstanding shares is 3.07B. Company’s return on investment (ROI) stands at -16.99% and return on equity (ROE) at -20.78%. It has a 10.01 of forward P/E ratio. Stock’s beta reads 0.77. Stock has a price to book (P/B) ratio of 1.65 while price to sale or P/S ratio amounts to 0.65. Its return on asset (ROA) is -7.62% on average.
