Beyond market trends, investors keen on maximizing returns delve into the world of stock picking. The right selections can be instrumental in catapulting your wealth.
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
In other words, the price has increased by $0.00 from its previous closing price. On the day, 11.5 million shares were traded. ERIC stock price reached its highest trading level at $7.49 during the session, while it also had its lowest trading level at $7.37.
Ratios:
For a deeper understanding of Telefonaktiebolaget L M Ericsson ADR’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 5.72 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 8.79. For the most recent quarter (mrq), Quick Ratio is recorded 0.90 and its Current Ratio is at 1.14. In the meantime, Its Debt-to-Equity ratio is 0.57 whereas as Long-Term Debt/Eq ratio is at 0.45.
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 24853616640 and an Enterprise Value of 28938680320. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.98 while its Price-to-Book (P/B) ratio in mrq is 3.15. Its current Enterprise Value per Revenue stands at 0.116 whereas that against EBITDA is 0.722.
Stock Price History:
Over the past 52 weeks, ERIC has reached a high of $7.83, while it has fallen to a 52-week low of $4.33. The 50-Day Moving Average of the stock is 4.54%, while the 200-Day Moving Average is calculated to be 22.91%.
Shares Statistics:
For the past three months, ERIC has traded an average of 17.55M shares per day and 14688480 over the past ten days. 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 9.79% stake in the company. Shares short for ERIC as of 1726185600 were 20334760 with a Short Ratio of 1.16, compared to 1723680000 on 18358504. Therefore, it implies a Short% of Shares Outstanding of 20334760 and a Short% of Float of 0.66000004.
Dividends & Splits
According to the company, the forward annual dividend rate for ERIC is 0.26, from 2.7 in the trailing year. Against a Trailing Annual Dividend Yield of 0.36697748The stock’s 5-year Average Dividend Yield is 2.84.
