On Tuesday, Telefonaktiebolaget L M Ericsson ADR (NASDAQ: ERIC) was -0.35% drop from the session before settling in for the closing price of $8.46. A 52-week range for ERIC has been $4.33 – $8.62.
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Technology Sector giant saw their annual sales surged by 0.61% over the last five years. When this article was written, the company’s average yearly earnings per share was at 108.09%. With a float of $3.07 billion, this company’s outstanding shares have now reached $3.07 billion.
The firm has a total of 99952 workers. Let’s measure their productivity. In terms of profitability, gross margin is 41.64%, operating margin of 5.79%, and the pretax margin is -14.03%.
Telefonaktiebolaget L M Ericsson ADR (ERIC) Breakdown of a Key Holders of the stock
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Telefonaktiebolaget L M Ericsson ADR stocks. The insider ownership of Telefonaktiebolaget L M Ericsson ADR is 0.16%, while institutional ownership is 9.83%.
Telefonaktiebolaget L M Ericsson ADR (ERIC) Recent Fiscal highlights
Going through the last 3-months fiscal report unveiled on the 9/30/2024, it has been observed that the corporation posted 0.16 earnings per share (EPS) during the time that was better than consensus figure (set at 0.16) by 0. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.09 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 108.09% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 1.50% during the next five years compared to -26.83% drop over the previous five years of trading.
Telefonaktiebolaget L M Ericsson ADR (NASDAQ: ERIC) Trading Performance Indicators
You can see what Telefonaktiebolaget L M Ericsson ADR (ERIC) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 0.95. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.11. Likewise, its price to free cash flow for the trailing twelve months is 6.72.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.03, a number that is poised to hit 0.29 in the next quarter and is forecasted to reach 0.58 in one year’s time.
Technical Analysis of Telefonaktiebolaget L M Ericsson ADR (ERIC)
Analysing the last 5-days average volume posted by the [Telefonaktiebolaget L M Ericsson ADR, ERIC], we can find that recorded value of 20.35 million was better than the volume posted last year of 16.68 million. As of the previous 9 days, the stock’s Stochastic %D was 87.06%. Additionally, its Average True Range was 0.18.
During the past 100 days, Telefonaktiebolaget L M Ericsson ADR’s (ERIC) raw stochastic average was set at 93.36%, which indicates a significant increase from 85.50% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 54.06% in the past 14 days, which was higher than the 30.12% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $7.52, while its 200-day Moving Average is $6.22. Now, the first resistance to watch is $8.48. This is followed by the second major resistance level at $8.53. The third major resistance level sits at $8.58. If the price goes on to break the first support level at $8.38, it is likely to go to the next support level at $8.33. Now, if the price goes above the second support level, the third support stands at $8.28.
Telefonaktiebolaget L M Ericsson ADR (NASDAQ: ERIC) Key Stats
There are 3,332,672K outstanding shares of the company, which has a market capitalization of 25.89 billion. As of now, sales total 24,834 M while income totals -2,494 M. Its latest quarter income was 5,932 M while its last quarter net income were 366,140 K.
