Telefonaktiebolaget L M Ericsson ADR (NASDAQ:ERIC) currently has a daily average trading volume of 22.51M but it saw 37588183 shares traded in last market. With a market cap of 24.38B USD, the company’s current market price of $7.94 came falling about -1.61 while comparing to the previous closing price of $8.07. In past 52 weeks, the stock remained buoying in the range of price level as high as $8.90 and as low as $4.82. In the recent trading on the day, stock has struck highest price mark of $7.88 while lowest mark touched by it was $8.0992.
Taking a look at 20-day trading activity of Telefonaktiebolaget L M Ericsson ADR (ERIC) gives us an average price of $7.66, while its current price level is -10.79% below from 52-week high level whereas it is 64.73% 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 $7.91 while that of 200 days or SMA-200 reads an average of $7.71. A closer look into the stock’s movement over the week reveals that its volatility is standing at 3.01% during that period while stretching the period over a month that increases to 3.24%. 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 54.86 which implies that the stock is in neutral territory.
Over the week, ERIC’s stock price is moving 9.82% up while it is -3.05% when we observe its performance for the past one month. Year-to-date it is -1.49% down and over the past year, the stock is showing an upside performance of 65.76%.
The company is expected to be releasing its next quarterly report on 2025-Apr-14, for which analysts forecasted an EPS of 0.11 while estimate for next year EPS is 0.54. In next quarter, company is expected to be making quarterly sales of $61.03B as analysts are expecting the sales for current fiscal year at $252.26B and seeing the company making $256.84B in sales next year. Moreover, analysts are in estimates of $60.6B 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 13.28% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at 1.30% and return on equity (ROE) at 1.67%. It has a price to earnings ratio (P/E ratio) of 171.86 while having a 13.47 of forward P/E ratio. Stock’s beta reads 0.97. Stock has a price to book (P/B) ratio of 3.09 while price to sale or P/S ratio amounts to 1.04. Its return on asset (ROA) is 0.56% on average.
