Telefonaktiebolaget L M Ericsson ADR (NASDAQ:ERIC) currently has a daily average trading volume of 15.69M but it saw 17906997 shares traded in last market. With a market cap of 24.54B USD, the company’s current market price of $7.99 came falling about -1.11 while comparing to the previous closing price of $8.08. In past 52 weeks, the stock remained buoying in the range of price level as high as $8.62 and as low as $4.56. In the recent trading on the day, stock has struck highest price mark of $7.98 while lowest mark touched by it was $8.07.
Taking a look at 20-day trading activity of Telefonaktiebolaget L M Ericsson ADR (ERIC) gives us an average price of $8.36, while its current price level is -7.31% below from 52-week high level whereas it is 75.22% 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 $7.87 while that of 200 days or SMA-200 reads an average of $6.41. A closer look into the stock’s movement over the week reveals that its volatility is standing at 1.24% during that period while stretching the period over a month that increases to 1.32%. 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 43.95 which implies that the stock is in neutral territory.
Over the week, ERIC’s stock price is moving -2.32% down while it is -6.33% when we observe its performance for the past one month. Year-to-date it is 26.83% up and over the past year, the stock is showing an upside performance of 74.45%.
Currently, Telefonaktiebolaget L M Ericsson ADR’s total number of outstanding shares is 3.07B. Company’s return on investment (ROI) stands at -0.90% and return on equity (ROE) at -1.21%. It has a 13.83 of forward P/E ratio. Stock’s beta reads 0.81. Stock has a price to book (P/B) ratio of 3.12 while price to sale or P/S ratio amounts to 1.05. Its return on asset (ROA) is -0.40% on average.
