Telefonaktiebolaget L M Ericsson - ADR Shares Near 52-Week Low - Market Mover
The shares closed 1.2% above its 52-week low of $6.67, with trading volume higher than its 30 day average
Sep 16, 2022 by Kwhen Finance Editors
Telefonaktiebolaget L M Ericsson - ADR (ERIC) shares closed today at 1.2% above its 52 week low of $6.67, giving the company a market cap of $20B. The stock is currently down 37.0% year-to-date, down 38.6% over the past 12 months, and up 27.2% over the past five years. This week, the Dow Jones Industrial Average fell 4.2%, and the S&P 500 fell 4.8%.
Trading Activity
- Trading volume this week was 67.0% higher than the 20-day average.
- Beta, a measure of the stock’s volatility relative to the overall market stands at 0.9.
Technical Indicators
- The Relative Strength Index (RSI) on the stock was under 30, indicating it may be underbought.
- MACD, a trend-following momentum indicator, indicates a downward trend.
- The stock closed below its Bollinger band, indicating it may be oversold.
Market Comparative Performance
- The company's share price is the same as the S&P 500 Index , lags it on a 1-year basis, and lags it on a 5-year basis
- The company's share price is the same as the Dow Jones Industrial Average , lags it on a 1-year basis, and lags it on a 5-year basis
| Name | DoD %Δ | YTD %Δ | 1 Yr % | 52-Week H % | 52-Week L % |
|---|---|---|---|---|---|
| Telefonaktiebolaget L M Ericsson - ADR | 0.1 | -37.0 | -38.6 | -46.5 | 1.0 |
| Dow Jones Industrial Average | -0.5 | -14.0 | -9.2 | -16.0 | 3.8 |
| S&P 500 Index | -0.8 | -17.9 | -11.3 | -19.0 | 6.5 |
| Technology Industry | 1.5 | 58.3 | 3.2 | -21.0 | 69.9 |
Peer Group Comparative Performance
- The company's stock price performance year-to-date lags the peer average by 69.1%
- The company's stock price performance over the past 12 months lags the peer average by 396.2%
| Name | MKT CAP (USD) | P/E | YTD %Δ | 1 Yr %Δ | 52-Week H % | 52-Week L % |
|---|---|---|---|---|---|---|
| Telefonaktiebolaget L M Ericsson - ADR | ERIC | 0 | -37.0 | -38.6 | -46.5 | 1.0 |
| Peer Avg | N/A | 17.8 | -21.9 | -7.8 | -25.5 | 7.0 |
| Microsoft Corporation | MSFT | 25.1 | -26.8 | -17.7 | -29.7 | 1.4 |
| Cisco Systems, Inc. | CSCO | 15.1 | -30.8 | -22.3 | -31.9 | 5.9 |
| Qualcomm, Inc. | QCOM | 10.9 | -30.6 | -4.7 | -34.8 | 5.7 |
| International Business Machines Corp. | IBM | 20.6 | -1.2 | -1.1 | -13.0 | 12.6 |
| Motorola Solutions Inc | MSI | 33.3 | -11.0 | 2.1 | -12.4 | 22.0 |
| HP Inc | HPQ | 4.3 | -26.1 | 1.3 | -34.4 | 5.6 |
| Nokia Corp - ADR | NOK | 14.4 | -24.9 | -15.1 | -25.6 | 8.5 |
| Juniper Networks Inc | JNPR | 22.8 | -21.6 | 0.9 | -26.9 | 6.4 |
| CIENA Corp. | CIEN | 31.2 | -45.6 | -21.2 | -46.6 | 1.7 |
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