In terms of market performance, Telefonaktiebolaget L M Ericsson ADR had a somewhat regular. The highest value for the stock in the past year was $8.62 on 10/15/24, while the lowest value was $4.77 on 04/15/24.
52-week price history of ERIC Stock
A stock’s 52-week high and low prices can reveal a great deal about its present condition and potential future performance. Telefonaktiebolaget L M Ericsson ADR’s current trading price is -6.09% away from its 52-week high, while its distance from the 52-week low is 69.71%. The stock’s price range during this period has fluctuated between $4.77 and $8.62. Shares of the company, which operates in the Technology sector, recorded a trading volume of around 6.84 million for the day, which was evidently lower than the average daily volume of 16.62 million over the last three months.
Financial Performance and Market Capitalization
Telefonaktiebolaget L M Ericsson ADR (ERIC) has experienced a quarterly rise of 6.79% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 24.86B and boasts a workforce of 99952 employees.
Moving average and trading volume data
Based on Barchart.com data, the company’s moving average over the 100-day period was 7.83, with a change in price of +1.49. Similarly, Telefonaktiebolaget L M Ericsson ADR recorded 16,025,183 in trading volume during the last 100 days, posting a change of +22.63%.
ERIC Debt-to-equity ratio analysis
The debt-to-equity (D/E) ratio is a valuable metric that offers insight into a company’s financial health and standing in the market. This ratio is calculated by dividing a company’s current total liabilities by its shareholders’ equity. The D/E ratio illustrates the extent of debt a company is utilizing to support its assets in relation to the value of its shareholders’ equity. At the time of writing, the total D/E ratio for ERIC stands at 0.50. Similarly, the long-term debt-to-equity ratio is also 0.44.
ERIC Stock Stochastic Average
The raw stochastic average for Telefonaktiebolaget L M Ericsson ADR over the last 50 days is presently at 23.09%. This reflects a drop from the raw stochastic average of the previous 20 days, which was noted at 26.66%. Further, the company’s Stochastic %K and %D values for the last 20 days were 31.51% and 36.89%, respectively.
ERIC Stock Price Performance Analysis
The stock price performance for the year has been a mixed bag, indicating either a pessimistic or optimistic outlook depending on how you look at it. Year to date metric has recorded a gain of 28.49%.However, over the last six months, we can see a weaker performance of 29.31%. Over the last 30 days, the price of ERIC has leaped by -1.04%. And in the last five days, it has surged by 0.43%.
