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The closing price of Telefonaktiebolaget L M Ericsson ADR (NASDAQ: ERIC) was $6.44 for the day, up 1.74% from the previous closing price of $6.33. In other words, the price has increased by $1.74 from its previous closing price. On the day, 10.79 million shares were traded. ERIC stock price reached its highest trading level at $6.44 during the session, while it also had its lowest trading level at $6.36.
Ratios:
Our analysis of ERIC’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 5.18 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 13.56. 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 21462394880 and an Enterprise Value of 27864868864. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.83 while its Price-to-Book (P/B) ratio in mrq is 2.10. Its current Enterprise Value per Revenue stands at 0.11 whereas that against EBITDA is 1.137.
Stock Price History:
The Beta on a monthly basis for ERIC is 0.86, which has changed by 0.12195122 over the last 52 weeks, in comparison to a change of 0.24919295 over the same period for the S&P500. Over the past 52 weeks, ERIC has reached a high of $6.43, while it has fallen to a 52-week low of $4.33. The 50-Day Moving Average of the stock is 10.39%, while the 200-Day Moving Average is calculated to be 18.45%.
Shares Statistics:
ERIC traded an average of 15.82M shares per day over the past three months and 12239750 shares per day over the past ten days. A total of 3.07B shares are outstanding, with a floating share count of 3.07B. Insiders hold about 0.00% of the company’s shares, while institutions hold 9.82% stake in the company. Shares short for ERIC as of 1718323200 were 36370195 with a Short Ratio of 1.68, compared to 1715731200 on 34909261.
Dividends & Splits
With its trailing 12-month dividend rate of 2.7, ERIC has a forward annual dividend rate of 0.25. Against a Trailing Annual Dividend Yield of 0.4265403The stock’s 5-year Average Dividend Yield is 2.73.
