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After finishing at $8.90 in the prior trading day, Telefonaktiebolaget L M Ericsson ADR (NASDAQ: ERIC) closed at $7.62, down -14.38%. In other words, the price has decreased by -$14.38 from its previous closing price. On the day, 43.09 million shares were traded. ERIC stock price reached its highest trading level at $8.02 during the session, while it also had its lowest trading level at $7.61.
Ratios:
Our goal is to gain a better understanding of ERIC by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 4.58 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 5.59. For the most recent quarter (mrq), Quick Ratio is recorded 0.96 and its Current Ratio is at 1.17. In the meantime, Its Debt-to-Equity ratio is 0.48 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 29531613184 and an Enterprise Value of 24515799040. As of this moment, Telefonaktiebolaget’s Price-to-Earnings (P/E) ratio for their current fiscal year is 2116.67, and their Forward P/E ratio for the next fiscal year is 12.96. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.00 while its Price-to-Book (P/B) ratio in mrq is 2.98. Its current Enterprise Value per Revenue stands at 0.099 whereas that against EBITDA is -5.74.
Stock Price History:
The Beta on a monthly basis for ERIC is 0.81, which has changed by 0.3183391 over the last 52 weeks, in comparison to a change of 0.23809385 over the same period for the S&P500. Over the past 52 weeks, ERIC has reached a high of $8.90, while it has fallen to a 52-week low of $4.77. The 50-Day Moving Average of the stock is -7.14%, while the 200-Day Moving Average is calculated to be 7.86%.
Shares Statistics:
The stock has traded on average 16.52M shares per day over the past 3-months and 18341830 shares per day over the last 10 days, according to various share statistics. A total of 3.07B shares are outstanding, with a floating share count of 3.07B. Insiders hold about 0.16% of the company’s shares, while institutions hold 10.05% stake in the company. Shares short for ERIC as of 1735603200 were 32903882 with a Short Ratio of 1.99, compared to 1732838400 on 31498896. Therefore, it implies a Short% of Shares Outstanding of 32903882 and a Short% of Float of 1.0699999999999998.
Dividends & Splits
The stock’s 5-year Average Dividend Yield is 2.93.
