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Telefonaktiebolaget L M Ericsson ADR (NASDAQ: ERIC) closed the day trading at $8.30 up 0.73% from the previous closing price of $8.24. In other words, the price has increased by $0.73 from its previous closing price. On the day, 29.21 million shares were traded.
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 5.15 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 6.25. For the most recent quarter (mrq), Quick Ratio is recorded 0.88 and its Current Ratio is at 1.09. In the meantime, Its Debt-to-Equity ratio is 0.49 whereas as Long-Term Debt/Eq ratio is at 0.41.
Valuation Measures:
As of this moment, Telefonaktiebolaget’s Price-to-Earnings (P/E) ratio for their current fiscal year is 179.65, and their Forward P/E ratio for the next fiscal year is 13.92. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.09 while its Price-to-Book (P/B) ratio in mrq is 3.23.
Stock Price History:
Over the past 52 weeks, ERIC has reached a high of $8.90, while it has fallen to a 52-week low of $5.00. The 50-Day Moving Average of the stock is 3.85%, while the 200-Day Moving Average is calculated to be 6.63%.
Shares Statistics:
A total of 3.07B shares are outstanding, with a floating share count of 3.06B. Insiders hold about 0.21% of the company’s shares, while institutions hold 12.88% stake in the company.
