Closing Figures: Telefonaktiebolaget L M Ericsson ADR (ERIC)’s Positive Finish at 6.32, Up 0.96

For those aiming to surpass market returns, the art of stock picking is crucial. Making wise choices in stocks can greatly enhance your overall 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

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.


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.

Most Popular