In the pursuit of market outperformance, investors navigate the landscape of stock selection. The right picks can play a pivotal role in enhancing 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
Telefonaktiebolaget L M Ericsson ADR (NASDAQ: ERIC) closed the day trading at $8.18 down -2.04% from the previous closing price of $8.35. In other words, the price has decreased by -$2.04 from its previous closing price. On the day, 22.11 million shares were traded. ERIC stock price reached its highest trading level at $8.235 during the session, while it also had its lowest trading level at $8.11.
Ratios:
For a better understanding of ERIC, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 5.37 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 6.52. For the most recent quarter (mrq), Quick Ratio is recorded 0.95 and its Current Ratio is at 1.19. In the meantime, Its Debt-to-Equity ratio is 0.50 whereas as Long-Term Debt/Eq ratio is at 0.44.
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 27850037248 and an Enterprise Value of 22116759552. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.07 while its Price-to-Book (P/B) ratio in mrq is 3.19. Its current Enterprise Value per Revenue stands at 0.09 whereas that against EBITDA is -5.178.
Stock Price History:
Over the past 52 weeks, ERIC has reached a high of $8.62, while it has fallen to a 52-week low of $4.54. The 50-Day Moving Average of the stock is 4.97%, while the 200-Day Moving Average is calculated to be 28.77%.
Shares Statistics:
Over the past 3-months, ERIC traded about 15.95M shares per day on average, while over the past 10 days, ERIC traded about 16422510 shares per day. 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 9.92% stake in the company. Shares short for ERIC as of 1728950400 were 26697105 with a Short Ratio of 1.67, compared to 1726185600 on 20334760. Therefore, it implies a Short% of Shares Outstanding of 26697105 and a Short% of Float of 0.8699999999999999.
Dividends & Splits
ERIC’s forward annual dividend rate is 0.26, up from 2.7 a year ago. Against a Trailing Annual Dividend Yield of 0.3233533The stock’s 5-year Average Dividend Yield is 2.87.
