The market performance of Telefonaktiebolaget L M Ericsson ADR has been somewhat stable. Over the past year, the company’s stock achieved a high of $8.90 on 01/23/25, with the lowest value for the same timeframe being $4.77, recorded 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 -7.87% away from its 52-week high, while its distance from the 52-week low is 71.91%. The stock’s price range during this period has fluctuated between $4.77 and $8.90. Shares of the company, which operates in the Technology sector, recorded a trading volume of around 25.64 million for the day, which was evidently higher than the average daily volume of 17.84 million over the last three months.
Financial Performance and Market Capitalization
Telefonaktiebolaget L M Ericsson ADR (ERIC) has experienced a quarterly decline of -1.44% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 25.18B and boasts a workforce of 94236 employees.
Moving average and trading volume data
Based on Barchart.com data, the company’s moving average over the 100-day period was 8.16, with a change in price of -0.08. Similarly, Telefonaktiebolaget L M Ericsson ADR recorded 17,973,350 in trading volume during the last 100 days, posting a change of -0.97%.
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 0.48. Similarly, the long-term debt-to-equity ratio is also 0.40.
ERIC Stock Stochastic Average
The raw stochastic average for Telefonaktiebolaget L M Ericsson ADR over the last 50 days is presently at 54.78%. This reflects a surge from the raw stochastic average of the previous 20 days, which was noted at 44.71%. Further, the company’s Stochastic %K and %D values for the last 20 days were 29.94% and 39.45%, respectively.
ERIC Stock Price Performance Analysis
A mixed performance in the stock price over the year has left investors with either an optimistic or pessimistic outlook, depending on their point of view. The metric has seen a significant gain of 1.74% since the start of this calendar year. Looking back over the last six months, we can see a weaker performance of 12.48%. Over the past 30 days, the price of ERIC has fallen by 4.73%. And in the last five days, it has fallen by -5.31%.
