Telefonaktiebolaget LM Ericsson - ADR (ERIC) is lower by Thursday morning, with the stock falling -0.80% in pre-market trading to 4.97.
ERIC's short-term technical score of 31 indicates that the stock has traded less bullishly over the last month than 69% of stocks on the market. In the Communication Equipment industry, which ranks 119 out of 146 industries, Telefonaktiebolaget LM Ericsson - ADR ranks higher than 39% of stocks.
Telefonaktiebolaget LM Ericsson - ADR has risen 14.91% over the past month, closing at $4.55 on November 2. During this period of time, the stock fell as low as $4.55 and as high as $5.07. ERIC has an average analyst recommendation of Sell. The company has an average price target of $5.56.
ERIC has an Overall Score of 23. Find out what this means to you and get the rest of the rankings on ERIC!
Telefonaktiebolaget LM Ericsson - ADR has a Long-Term Technical rank of 30. This means that trading over the last 200 trading days has placed the company in the lower half of stocks with 70% of the market scoring higher. In the Communication Equipment industry which is number 132 by this metric, ERIC ranks better than 132% of stocks.
