Telefonaktiebolaget L M Ericsson ADR (ERIC) stock is currently valued at $7.72. During the last session, the stock experienced a remarkable rise, reaching $9.75 after opening at $7.71. The stock briefly dropped to $5.8 before ultimately closing at $7.69.
Telefonaktiebolaget L M Ericsson ADR’s market performance has been unstable in recent times. The company’s stock hit a 1-year high of $8.99 on 05/21/25 and a low of $6.64 for the same time frame on 04/09/25.
52-week price history of ERIC Stock
A stock’s 52-week high and low prices can reveal much about its current status and future trajectory. Telefonaktiebolaget L M Ericsson ADR’s current trading price is -14.12% away from its 52-week high, while its distance from the 52-week low is 16.34%. The stock’s price range during this period has spanned from $6.64 to $8.99. In the Technology sector, the Telefonaktiebolaget L M Ericsson ADR’s shares surpassed a trading volume of approximately 2.57 million for the day, which was noticeably lower compared to the average daily volume of 9.18.14 million over the past three months.
Market Capitalization and Financial Performance: An In-Depth Look
Telefonaktiebolaget L M Ericsson ADR (ERIC) has experienced a quarterly decline of -9.97% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 23.73B and boasts a workforce of 94236 employees.
Making Sense of Trading Volume and Moving Average Data
Based on Barchart.com data, the company’s moving average over the 100-day period was 8.02, with a change in price of -0.44. Similarly, Telefonaktiebolaget L M Ericsson ADR recorded 21,980,232 in trading volume during the last 100 days, posting a change of -5.38%.
Examining ERIC’s Debt-to-Equity Ratio: What You Need to Know
The debt-to-equity (D/E) ratio is a crucial measure that sheds light on a company’s financial health and market standing. It is determined by dividing a company’s overall liabilities by its shareholders’ equity, showing the extent of a company’s debt usage in financing its assets compared to the 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 0.40.
ERIC Stock Stochastic Average
Today, Telefonaktiebolaget L M Ericsson ADR’s raw stochastic average for the past 50 days stands at 39.39%, indicating a decline from the raw stochastic average of the last 20 days, which was 95.90%. Moreover, the company’s Stochastic %K and %D values over the past 20 days were 95.16% and 94.20% 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. Until today this year the stock’s price performance recorded an increase of 10.36%. However, over the last six months, the performance has been stronger by -2.34%. The price of ERIC increased 3.41% over the last 30 days. And in the last five days, it has surged by 1.51%.