Telefonaktiebolaget L M Ericsson ADR (NASDAQ:ERIC) currently has a daily average trading volume of 24.22M but it saw 20180954 shares traded in last market. With a market cap of 25.27B USD, the company’s current market price of $8.23 came falling about -0.12 while comparing to the previous closing price of $8.24. In past 52 weeks, the stock remained buoying in the range of price level as high as $8.90 and as low as $5.00. In the recent trading on the day, stock has struck highest price mark of $8.225 while lowest mark touched by it was $8.35.
Taking a look at 20-day trading activity of Telefonaktiebolaget L M Ericsson ADR (ERIC) gives us an average price of $7.78, while its current price level is -7.53% below from 52-week high level whereas it is 64.60% 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 $8.01 while that of 200 days or SMA-200 reads an average of $7.80. A closer look into the stock’s movement over the week reveals that its volatility is standing at 1.59% during that period while stretching the period over a month that increases to 3.31%. 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 56.96 which implies that the stock is in neutral territory.
Year-to-date it is 2.11% up and over the past year, the stock is showing an upside performance of 59.81%.
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 0.57. In next quarter, company is expected to be making quarterly sales of $60.96B as analysts are expecting the sales for current fiscal year at $248.79B and seeing the company making $253.82B in sales next year. Moreover, analysts are in estimates of $60.54B 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 178.14 while having a 13.80 of forward P/E ratio. Stock’s beta reads 0.99. Stock has a price to book (P/B) ratio of 3.20 while price to sale or P/S ratio amounts to 1.08. Its return on asset (ROA) is 0.56% on average.
