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After finishing at $6.26 in the prior trading day, Telefonaktiebolaget L M Ericsson ADR (NASDAQ: ERIC) closed at $6.32, up 0.96%. In other words, the price has increased by $0.96 from its previous closing price. On the day, 11.4 million shares were traded. ERIC stock price reached its highest trading level at $6.32 during the session, while it also had its lowest trading level at $6.2501.
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 5.09 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 13.31. For the most recent quarter (mrq), Quick Ratio is recorded 0.94 and its Current Ratio is at 1.22. In the meantime, Its Debt-to-Equity ratio is 0.45 whereas as Long-Term Debt/Eq ratio is at 0.35.
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 21062473728 and an Enterprise Value of 27465031680. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.81 while its Price-to-Book (P/B) ratio in mrq is 2.06. Its current Enterprise Value per Revenue stands at 0.108 whereas that against EBITDA is 1.12.
Stock Price History:
Over the past 52 weeks, ERIC has reached a high of $6.36, while it has fallen to a 52-week low of $4.33. The 50-Day Moving Average of the stock is 16.68%, while the 200-Day Moving Average is calculated to be 18.84%.
Shares Statistics:
The stock has traded on average 17.21M shares per day over the past 3-months and 16714750 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 0.00% of the company’s shares, while institutions hold 9.81% stake in the company. Shares short for ERIC as of 1715731200 were 34909261 with a Short Ratio of 2.03, compared to 1713139200 on 31371671.
Dividends & Splits
In the trailing 12 months, ERIC’s forward annual dividend rate was 2.7, compared to 0.25 this year. Against a Trailing Annual Dividend Yield of 0.4313099The stock’s 5-year Average Dividend Yield is 2.68.
