Telefonaktiebolaget LM Ericsson (ERIC) has gained Monday morning, with the stock adding 1.64% in pre-market trading to 11.8. ERIC's short-term technical score of 17 indicates that the stock has traded less bullishly over the last month than 83% of stocks on the market. In the Communication Equipment industry, which ranks 90 out of 146 industries, ERIC ranks higher than 11% of stocks. Telefonaktiebolaget LM Ericsson has fallen 2.52% over the past month, closing at $11.87 on August 30. During this period of time, the stock fell as low as $10.98 and as high as $12.13. ERIC has an average analyst recommendation of Buy. The company has an average price target of $16.93.
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Telefonaktiebolaget LM Ericsson has a Long-Term Technical rank of 28. This means that trading over the last 200 trading days has placed the company in the lower half of stocks with 72% of the market scoring higher. In the Communication Equipment industry which is number 90 by this metric, ERIC ranks better than 34% of stocks.
Premarket Mover: Telefonaktiebolaget LM Ericsson (ERIC) Up 1.64%
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ERIC has an Overall Score of 27. Find out what this means to you and get the rest of the rankings on ERIC!