Telefonaktiebolaget L M Ericsson ADR (NASDAQ:ERIC) currently has a daily average trading volume of 15.69M but it saw 17613904 shares traded in last market. With a market cap of 25.40B USD, the company’s current market price of $8.27 came falling about -0.36 while comparing to the previous closing price of $8.30. In past 52 weeks, the stock remained buoying in the range of price level as high as $8.90 and as low as $4.77.
Taking a look at 20-day trading activity of Telefonaktiebolaget L M Ericsson ADR (ERIC) gives us an average price of $7.79, while its current price level is -7.08% below from 52-week high level whereas it is 73.38% 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 $8.03 while that of 200 days or SMA-200 reads an average of $7.36. A closer look into the stock’s movement over the week reveals that its volatility is standing at 1.84% during that period while stretching the period over a month that decreases to 1.57%. 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 60.88 which implies that the stock is in neutral territory.
Over the week, ERIC’s stock price is moving 5.08% up while it is 6.99% when we observe its performance for the past one month. Year-to-date it is 2.61% up and over the past year, the stock is showing an upside performance of 51.47%.
Currently, Telefonaktiebolaget L M Ericsson ADR’s total number of outstanding shares is 3.07B with 0.00% of that held by the insiders while 13.30% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at 0.12% and return on equity (ROE) at 0.15%. It has a price to earnings ratio (P/E ratio) of 2297.22 while having a 14.94 of forward P/E ratio. Stock’s beta reads 0.82. Stock has a price to book (P/B) ratio of 3.23 while price to sale or P/S ratio amounts to 1.08. Its return on asset (ROA) is 0.05% on average.
