Telefonaktiebolaget L M Ericsson ADR (NASDAQ:ERIC) currently has a daily average trading volume of 17.37M but it saw 10820036 shares traded in last market. With a market cap of 23.19B USD, the company’s current market price of $7.55 came rising about 0.40 while comparing to the previous closing price of $7.52. In past 52 weeks, the stock remained buoying in the range of price level as high as $7.83 and as low as $4.33. In the recent trading on the day, stock has struck highest price mark of $7.41 while lowest mark touched by it was $7.55.
Taking a look at 20-day trading activity of Telefonaktiebolaget L M Ericsson ADR (ERIC) gives us an average price of $7.51, while its current price level is -3.55% below from 52-week high level whereas it is 74.36% 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 $7.26 while that of 200 days or SMA-200 reads an average of $6.14. A closer look into the stock’s movement over the week reveals that its volatility is standing at 1.16% during that period while stretching the period over a month that increases to 1.45%. 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 56.58 which implies that the stock is in neutral territory.
Over the week, ERIC’s stock price is moving 0.80% up while it is 3.00% when we observe its performance for the past one month. Year-to-date it is 19.84% up and over the past year, the stock is showing an upside performance of 55.35%.
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 13.22 of forward P/E ratio. Stock’s beta reads 0.84. Stock has a price to book (P/B) ratio of 3.18 while price to sale or P/S ratio amounts to 0.99. Its return on asset (ROA) is -11.41% on average.
