Investor’s Delight: Telefonaktiebolaget L M Ericsson ADR (ERIC) Closes Strong at 6.44, Up 1.74

Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting 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

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.


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.

Most Popular