Telefonaktiebolaget L M Ericsson ADR (NASDAQ:ERIC) currently has a daily average trading volume of 15.82M but it saw 20611025 shares traded in last market. With a market cap of 20.79B USD, the company’s current market price of $6.78 came falling about -1.60 while comparing to the previous closing price of $6.89. In past 52 weeks, the stock remained buoying in the range of price level as high as $6.96 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 $6.60, while its current price level is -2.58% below from 52-week high level whereas it is 56.58% 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 $6.27 while that of 200 days or SMA-200 reads an average of $5.59. A closer look into the stock’s movement over the week reveals that its volatility is standing at 2.41% during that period while stretching the period over a month that decreases to 1.94%. 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 61.09 which implies that the stock is in neutral territory.
Over the week, ERIC’s stock price is moving 3.51% up while it is 9.35% when we observe its performance for the past one month. Year-to-date it is 7.62% up and over the past year, the stock is showing an upside performance of 33.99%.
Currently, Telefonaktiebolaget L M Ericsson ADR’s total number of outstanding shares is 3.07B. Company’s return on investment (ROI) stands at -28.88% and return on equity (ROE) at -32.63%. It has a 12.86 of forward P/E ratio. Stock’s beta reads 0.85. Stock has a price to book (P/B) ratio of 2.85 while price to sale or P/S ratio amounts to 0.89. Its return on asset (ROA) is -11.41% on average.
