Telefonaktiebolaget LM Ericsson (publ) (NASDAQ:ERIC) currently has a “Buy” signals on Composite indicators by TrendSpotter. While the Short-Term Technical Indicators for the stock on 7-Day Average Directional Indicator shows “Sell” signal. 10 – 8 Day Moving Average Hilo Channel shows “Sell” signal. While 20-Day Moving Average VS Current Price shows “Buy” Signal.
Telefonaktiebolaget LM Ericsson (publ) (NASDAQ:ERIC) lost -1.27 Percent and closed its previous trading session at $6.22. The stock traded with the average Volume of 5.53 Million at the end of last session.
Telefonaktiebolaget LM Ericsson (publ) (NASDAQ:ERIC) has the Market Capitalization of 21.35 Billion. The Stock has its 52-week High of $7.47 and 52-Week Low of $5.44 and it touched its 52-week high on 07/12/17 and 52-Week Low on 12/08/16.
The company reported its last earnings Actual EPS of $-0.07/share. While, the analyst predicted that the company could provide an EPS of $-0.02/share. Hence the difference between Predicted EPS and Actual EPS reported is $-0.05/share which shows an Earnings Surprise of -250 Percent.
Several analysts are forecasting growth estimate of Telefonaktiebolaget LM Ericsson (publ) for the current quarter to be -57.1%. Their projections for the Next Quarter growth is -200 percent. While for the Next 5 years, the company could expect a growth of 1.4% per annum, whereas in the past Five years Telefonaktiebolaget LM Ericsson (publ) (NASDAQ:ERIC) showed a growth of -27.97 Percent per annum.
Sell side analysts plays vital role in buying and selling a stock where 1 analysts rated Telefonaktiebolaget LM Ericsson (publ) (NASDAQ:ERIC) as Buy, 1 analysts given Outperform signal, 3 reported Hold, and 0 analysts rated the stock as Sell.
The stock’s current distance from 20-Day Simple Moving Average (SMA20) is -0.02% where SMA50 and SMA200 are 2.06% and -2.92% respectively.
The company shows its Return on Assets (ROA) value of -6.4%. The Return on Equity (ROE) value stands at -14.3%. While it’s Return on Investment (ROI) value is 2.5%.
Telefonaktiebolaget LM Ericsson (publ) (NASDAQ:ERIC) currently has a Weekly Volatility of 1.97% percent while its Monthly Volatility is at 1.38% percent. While talking about Performance of the Stock, Telefonaktiebolaget LM Ericsson (publ) currently has a Weekly performance of -2.05%, monthly performance percentage is -4.45 percent, Quarterly performance is 7.33 percent, 6 months performance shows a percent value of -14.44% and Yearly Performance is 13.92 percent.
Ericsson is a world-leading supplier in the fast-growing and dynamic telecommunications and data communications industry, offering advanced communications solutions for mobile and fixed networks, as well as consumer products. The company is a total solutions supplier for all customer segments: network operators and service providers, enterprises and consumers. The company has the world’s largest customer base in the telecommunications field.