ERIC has 36-month beta value of 0.81. Analysts have mixed views on the stock, with 2 analysts rating it as a “buy,” 2 as “overweight,” 6 as “hold,” and 2 as “sell.”
The public float for ERIC is 3.07B, and currently, short sellers hold a 0.97% ratio of that float. The average trading volume of ERIC on November 18, 2024 was 15.72M shares.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
ERIC) stock’s latest price update
The stock price of Telefonaktiebolaget L M Ericsson ADR (NASDAQ: ERIC) has plunged by -0.38 when compared to previous closing price of 8.00, but the company has seen a -3.16% decline in its stock price over the last five trading sessions. businesswire.com reported 2024-11-15 that HO CHI MINH CITY, Vietnam–(BUSINESS WIRE)–Global technology corporation FPT and Global ICT leader Ericsson have entered a partnership to accelerate 5G adoption and drive advancements in artificial intelligence (AI) and digital transformation. This collaboration is set to create a foundation for an international partnership to accelerate 5G adoption across enterprises. The partnership will initially focus on developing applications that showcase the potential of 5G in key areas, including adva.
ERIC’s Market Performance
Telefonaktiebolaget L M Ericsson ADR (ERIC) has seen a -3.16% fall in stock performance for the week, with a -3.74% decline in the past month and a 10.85% surge in the past quarter. The volatility ratio for the week is 1.09%, and the volatility levels for the past 30 days are at 1.28% for ERIC. The simple moving average for the last 20 days is -4.15% for ERIC stock, with a simple moving average of 23.80% for the last 200 days.
ERIC Trading at 0.96% from the 50-Day Moving Average
After a stumble in the market that brought ERIC to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -7.54% of loss for the given period.
Volatility was left at 1.28%, however, over the last 30 days, the volatility rate increased by 1.09%, as shares sank -6.24% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +10.39% upper at present.
During the last 5 trading sessions, ERIC fell by -3.16%, which changed the moving average for the period of 200-days by +44.91% in comparison to the 20-day moving average, which settled at $8.32. In addition, Telefonaktiebolaget L M Ericsson ADR saw 26.51% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for ERIC
Current profitability levels for the company are sitting at:
- 0.07 for the present operating margin
- 0.43 for the gross margin
The net margin for Telefonaktiebolaget L M Ericsson ADR stands at -0.01. The total capital return value is set at 0.11. Equity return is now at value -1.21, with -0.40 for asset returns.
Based on Telefonaktiebolaget L M Ericsson ADR (ERIC), the company’s capital structure generated 0.3 points at debt to capital in total, while cash flow to debt ratio is standing at 1.18. The debt to equity ratio resting at 0.42. The interest coverage ratio of the stock is 3.69.
Currently, EBITDA for the company is 27.96 billion with net debt to EBITDA at 0.14. When we switch over and look at the enterprise to sales, we see a ratio of 1.21. The receivables turnover for the company is 4.0for trailing twelve months and the total asset turnover is 0.91. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.19.
Conclusion
To put it simply, Telefonaktiebolaget L M Ericsson ADR (ERIC) has had a mixed performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
