Shares of Ericsson ADR (NASDAQ:ERIC) now have an Average Brokerage Recommendation of 2.25, number of Recs in ABR is 8 while industry rank of the company by ABR is out of 265. The price index is calculated by dividing the current share price by the share price ten months ago. The true range indicator is the greatest of the following: current high less the current low, the absolute value of the current high less the previous close and the absolute value of the current low less the previous close. Looking at some alternate time periods, the 12 month price index is 0.76782, the 24 month is 0.59514, and the 36 month is 0.63486.
The Relative Volume of the company is 0.52 and Average Volume (3 months) is 5.59 million. Zacks upgraded Telefonaktiebolaget LM Ericsson (NASDAQ:ERIC) on Wednesday, August 5 to "Hold" rating.
When it comes to the Analysis of a Stock, Price Target plays a vital role. Checking in on some other technical levels, the 14-day RSI is now at 58.71.
Telefonaktiebolaget LM Ericsson (publ) (ERIC) now has a Return on Assets (ROA) value of -4.9 Percent. These ratios are price to earnings, price to cash flow, EBITDA to EV, price to book value, and price to sales. A P/B ratio of less than 1.0 can indicate that a stock is undervalued, while a ratio of greater than 1.0 may indicate that a stock is overvalued. Adding a sixth ratio, shareholder yield, we can view the Value Composite 2 score which is now sitting at 20.
The Leverage Ratio of Telefonaktiebolaget LM Ericsson (publ) (OM:ERIC B) is 0.109828. Leverage ratio is the total debt of a company divided by total assets of the current and past year divided by two. Companies take on debt to finance their day to day operations.
While looking at the Stock's Performance, Telefonaktiebolaget LM Ericsson (publ) now shows a Weekly Performance of 3.2%, where Monthly Performance is 1.04%, Quarterly performance is -22.12%, 6 Months performance is -8.21% and yearly performance percentage is -19.19%. The 6 month volatility is 31.532700, and the 3 month is spotted at 37.126700. Investors may be closely following the current stock price in relation to moving averages. Although past volatility action may help project future stock volatility, it may also be vastly different when taking into account other factors that may be driving price action during the measured time period. Comparatively, the gazes have a Gross margin 26.80%. The score is a number between one and one hundred (1 being best and 100 being the worst). The stock of Telefonaktiebolaget LM Ericsson (NASDAQ:ERIC) earned "Hold" rating by Danske Bank on Thursday, August 27. The more stable the company, the lower the score.
The M-Score, conceived by accounting professor Messod Beneish, is a model for detecting whether a company has manipulated their earnings numbers or not. A score higher than -1.78 is an indicator that the company might be manipulating their numbers.
The Piotroski F-Score is a scoring system between 1-9 that determines a firm's financial strength. Earnings surprises can have a huge impact on a company's stock price. A score of nine indicates a high value stock, while a score of one indicates a low value stock. The firm has a Return on Assets (ROA) value of -4.90%. The bigger the return, the more efficient management is in utilizing its asset base. A frequently used tool among technical stock analysts is the moving average. The company's forward price to earnings ratio for next fiscal year is 22.87. The lower the ERP5 rank, the more undervalued a company is thought to be.