Telefonaktiebolaget L M Ericsson ADR (NASDAQ:ERIC) currently has a daily average trading volume of 18.30M but it saw 15456364 shares traded in last market. With a market cap of 25.21B USD, the company’s current market price of $8.21 came rising about 0.24 while comparing to the previous closing price of $8.19. 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. In the recent trading on the day, stock has struck highest price mark of $8.1301 while lowest mark touched by it was $8.25.
Taking a look at 20-day trading activity of Telefonaktiebolaget L M Ericsson ADR (ERIC) gives us an average price of $8.23, while its current price level is -7.75% below from 52-week high level whereas it is 72.12% 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 $8.08 while that of 200 days or SMA-200 reads an average of $7.55. A closer look into the stock’s movement over the week reveals that its volatility is standing at 1.48% during that period while stretching the period over a month that increases to 2.13%. 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 51.63 which implies that the stock is in neutral territory.
Over the week, ERIC’s stock price is moving 2.37% up while it is 3.79% when we observe its performance for the past one month. Year-to-date it is 1.86% up and over the past year, the stock is showing an upside performance of 43.03%.
The company is expected to be releasing its next quarterly report on 2025-Jan-23, for which analysts forecasted an EPS of 0.09 while estimate for next year EPS is 0.5. In next quarter, company is expected to be making quarterly sales of $61.21B as analysts are expecting the sales for current fiscal year at $256.48B and seeing the company making $263.13B in sales next year. Moreover, analysts are in estimates of $55.83B for current-quarter revenue.
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 13.29% 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 2280.56 while having a 14.81 of forward P/E ratio. Stock’s beta reads 0.92. Stock has a price to book (P/B) ratio of 3.21 while price to sale or P/S ratio amounts to 1.08. Its return on asset (ROA) is 0.05% on average.
