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Should You Buy Telefonaktiebolaget LM Ericsson (ERIC) Stock Tuesday Morning?

Tuesday, October 12, 2021 07:39 AM | InvestorsObserver Analysts
Should You Buy Telefonaktiebolaget LM Ericsson (ERIC) Stock Tuesday Morning?

Telefonaktiebolaget LM Ericsson (ERIC) is up 1.26% today.

Overall Score - 27
ERIC has an Overall Score of 27. Find out what this means to you and get the rest of the rankings on ERIC!
ERIC stock closed at $11.90 and is up $0.15 during pre-market trading. Pre-market tends to be more volatile due to significantly lower volume as most investors only trade between standard trading hours. ERIC has a poor overall score of 27 meaning the stock holds a better value than just 27% of stocks at its current price. InvestorsObserver's overall ranking system is a comprehensive evaluation and considers both technical and fundamental factors when evaluating a stock. The overall score is a great starting point for investors that are beginning to evaluate a stock. ERIC gets a average Short-Term Technical score of 60 from InvestorsObserver's proprietary ranking system. This means that the stock's trading pattern over the last month have been neutral. Telefonaktiebolaget LM Ericsson currently has the 114th highest Short-Term Technical score in the Communication Equipment industry. The Short-Term Technical score evaluates a stock's trading pattern over the past month and is most useful to short-term stock and option traders. Telefonaktiebolaget LM Ericsson's Overall and Short-Term Technical score paint a mixed picture for ERIC's recent trading patterns and forecasted price. Click Here To Get The Full Report on Telefonaktiebolaget LM Ericsson (ERIC)

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