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The closing price of Telefonaktiebolaget L M Ericsson ADR (NASDAQ: ERIC) was $7.47 for the day, up 0.13% from the previous closing price of $7.46. In other words, the price has increased by $0.13 from its previous closing price. On the day, 16.45 million shares were traded. ERIC stock price reached its highest trading level at $7.5 during the session, while it also had its lowest trading level at $7.39.
Ratios:
Our analysis of ERIC’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 5.41 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 6.29. For the most recent quarter (mrq), Quick Ratio is recorded 0.86 and its Current Ratio is at 1.09. In the meantime, Its Debt-to-Equity ratio is 0.50 whereas as Long-Term Debt/Eq ratio is at 0.40.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ERIC now has a Market Capitalization of 25047582720 and an Enterprise Value of 19763128320. As of this moment, Telefonaktiebolaget’s Price-to-Earnings (P/E) ratio for their current fiscal year is 14.93, and their Forward P/E ratio for the next fiscal year is 12.82. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.97 while its Price-to-Book (P/B) ratio in mrq is 2.74. Its current Enterprise Value per Revenue stands at 0.079 whereas that against EBITDA is 1.063.
Stock Price History:
The Beta on a monthly basis for ERIC is 0.89, which has changed by 0.110119104 over the last 52 weeks, in comparison to a change of 0.13161862 over the same period for the S&P500. Over the past 52 weeks, ERIC has reached a high of $8.99, while it has fallen to a 52-week low of $6.41. The 50-Day Moving Average of the stock is -10.40%, while the 200-Day Moving Average is calculated to be -8.12%.
Shares Statistics:
ERIC traded an average of 23.41M shares per day over the past three months and 28599860 shares per day over the past ten days. A total of 3.07B shares are outstanding, with a floating share count of 3.06B. Insiders hold about 0.24% of the company’s shares, while institutions hold 12.98% stake in the company. Shares short for ERIC as of 1749772800 were 48277380 with a Short Ratio of 1.66, compared to 1747267200 on 43224258. Therefore, it implies a Short% of Shares Outstanding of 48277380 and a Short% of Float of 1.5700001000000001.
Dividends & Splits
With its trailing 12-month dividend rate of 2.85, ERIC has a forward annual dividend rate of 0.27. Against a Trailing Annual Dividend Yield of 0.38203752The stock’s 5-year Average Dividend Yield is 3.15.
