Telefonaktiebolaget L M Ericsson ADR (NASDAQ: ERIC) started the day on Wednesday, with a price increase of 3.58% at $9.84, before settling in for the price of $9.5 at the close. Taking a more long-term approach, ERIC posted a 52-week range of $6.64-$10.35.
It was noted that the giant of the Technology sector posted annual sales growth of -61.52% over the last 5 years. Meanwhile, its Annual Earning per share during the time was -61.52%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 92030.32%. 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 $30.22 billion. At the time of writing, stock’s 50-day Moving Average stood at $9.67, while the 200-day Moving Average is $8.51.
Telefonaktiebolaget L M Ericsson ADR (ERIC) Ownership Facts and Figures
Now let’s turn our focus to how large-scale investors are working with this stock of the Communication Equipment Industry. Telefonaktiebolaget L M Ericsson ADR’s current insider ownership accounts for 0.00%, in contrast to 10.58% institutional ownership.
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. Alongside those numbers, its PE Ratio stands at $13.28, and its Beta score is 0.96. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 1.28. Similarly, its price to free cash flow for trailing twelve months is now 9.72.
In the same vein, ERIC’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 0.74, a figure that is expected to reach 0.21 in the next quarter, and analysts are predicting that it will be 0.63 at the market close of one year from today.
Technical Analysis of Telefonaktiebolaget L M Ericsson ADR (ERIC)
If we take a close look at the recent performances of Telefonaktiebolaget L M Ericsson ADR (NASDAQ: ERIC), its last 5-days Average volume was 8.42 million that shows plunge from its year to date volume of 9.69 million. During the previous 9 days, stock’s Stochastic %D was recorded 42.95% While, its Average True Range was 63.17.
Raw Stochastic average of Telefonaktiebolaget L M Ericsson ADR (ERIC) in the period of the previous 100 days is set at 81.39%, which indicates a major rise in contrast to 78.57% 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 0.11 that was lower than 0.14 volatility it exhibited in the past 100-days period.
