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In the latest session, Telefonaktiebolaget L M Ericsson ADR (NASDAQ: ERIC) closed at $8.20 up 0.49% from its previous closing price of $8.16. In other words, the price has increased by $0.49 from its previous closing price. On the day, 23.44 million shares were traded. ERIC stock price reached its highest trading level at $8.23 during the session, while it also had its lowest trading level at $8.1501.
Ratios:
For a deeper understanding of Telefonaktiebolaget L M Ericsson ADR’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 5.39 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 6.54. 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 27072380928 and an Enterprise Value of 22183399424. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.08 while its Price-to-Book (P/B) ratio in mrq is 3.20. Its current Enterprise Value per Revenue stands at 0.09 whereas that against EBITDA is -5.194.
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 $4.77. The 50-Day Moving Average of the stock is 2.46%, while the 200-Day Moving Average is calculated to be 25.52%.
Shares Statistics:
For the past three months, ERIC has traded an average of 16.81M shares per day and 22511940 over the past ten days. A total of 3.07B shares are outstanding, with a floating share count of 3.07B. Insiders hold about 0.16% of the company’s shares, while institutions hold 10.13% stake in the company. Shares short for ERIC as of 1731628800 were 31348799 with a Short Ratio of 1.77, compared to 1728950400 on 26697105. Therefore, it implies a Short% of Shares Outstanding of 31348799 and a Short% of Float of 1.0199999.
Dividends & Splits
According to the company, the forward annual dividend rate for ERIC is 0.26, from 2.7 in the trailing year. Against a Trailing Annual Dividend Yield of 0.33088237The stock’s 5-year Average Dividend Yield is 2.87.
