Telefonaktiebolaget L M Ericsson ADR (NASDAQ: ERIC) open the trading on Wednesday, with a bit cautious approach as it glided -1.49% to $5.28, before settling in for the price of $5.36 at the close. Taking a more long-term approach, ERIC posted a 52-week range of $4.33-$6.36.
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The Technology sector firm’s twelve-monthly sales growth has been 0.61% for the last half of the decade. Meanwhile, its Annual Earning per share during the time was -26.83%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 151.86%. This publicly-traded company’s shares outstanding now amounts to $3.07 billion, simultaneously with a float of $3.07 billion. The organization now has a market capitalization sitting at $16.21 billion. At the time of writing, stock’s 50-day Moving Average stood at $5.36, while the 200-day Moving Average is $5.25.
Telefonaktiebolaget L M Ericsson ADR (ERIC) Ownership Facts and Figures
Sometimes it helps to make our mind if we keep our tabs on how bigger investors are working with the stock of the Communication Equipment industry. Telefonaktiebolaget L M Ericsson ADR’s current insider ownership accounts for 0.00%, in contrast to 8.74% institutional ownership.
Telefonaktiebolaget L M Ericsson ADR (ERIC) Earnings and Revenue Records
Telefonaktiebolaget L M Ericsson ADR’s EPS increase for this current 12-month fiscal period is 151.86% and is forecasted to reach 0.51 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 1.50% through the next 5 years, which can be compared against the -26.83% growth it accomplished over the previous five years trading on the market.
Telefonaktiebolaget L M Ericsson ADR (NASDAQ: ERIC) Trading Performance Indicators
Let’s observe the current performance indicators for Telefonaktiebolaget L M Ericsson ADR (ERIC). It’s Quick Ratio in the last reported quarter now stands at 0.94. The Stock has managed to achieve an average true range (ATR) of 0.16. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 0.68. Similarly, its price to free cash flow for trailing twelve months is now 11.12.
In the same vein, ERIC’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -0.70, a figure that is expected to reach 0.04 in the next quarter, and analysts are predicting that it will be 0.51 at the market close of one year from today.
Technical Analysis of Telefonaktiebolaget L M Ericsson ADR (ERIC)
[Telefonaktiebolaget L M Ericsson ADR, ERIC] recent stats showed that its last 5-days Average volume was superior the volume it posted in the year-ago period. During the previous 9 days, stock’s Stochastic %D was recorded 92.63% While, its Average True Range was 0.16.
Raw Stochastic average of Telefonaktiebolaget L M Ericsson ADR (ERIC) in the period of the previous 100 days is set at 32.08%, which indicates a major fall in contrast to 84.30% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 31.31% that was lower than 31.49% volatility it exhibited in the past 100-days period.
