Telefonaktiebolaget LM Ericsson ADR Class B (ERIC) is up 0.13% in a Week, Should You Sell?

Telefonaktiebolaget LM Ericsson ADR Class B (ERIC) is around the middle of the Communication Equipment industry according to InvestorsObserver. ERIC received an overall rating of 34, which means that it scores higher than 34 percent of all stocks. Telefonaktiebolaget LM Ericsson ADR Class B also achieved a score of 34 in the Communication Equipment industry, putting it above 34 percent of Communication Equipment stocks. Communication Equipment is ranked 72 out of the 148 industries.

ERIC has an Overall Score of 34. Find out what this means to you and get the rest of the rankings on ERIC!

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What do These Ratings Mean?

Searching for the best stocks to invest in can be difficult. There are thousands of options and it can be confusing on what actually constitutes a great value. InvestorsObserver allows you to choose from eight unique metrics to view the top industries and the best performing stocks in that industry. A score of 34 would rank higher than 34 percent of all stocks. These scores are not only easy to understand, but it is easy to compare stocks to each other. You can find the best stock in an industry, or look for the sector that has the highest average score. The overall score is a combination of technical and fundamental factors that serves as a good starting point when analyzing a stock. Traders and investors with different goals may have different goals and will want to consider other factors than just the headline number before making any investment decisions.

What's Happening With Telefonaktiebolaget LM Ericsson ADR Class B Stock Today?

Telefonaktiebolaget LM Ericsson ADR Class B (ERIC) stock is lower by -0.9% while the S&P 500 is up 0.33% as of 10:46 AM on Wednesday, Jun 29. ERIC has fallen -$0.07 from the previous closing price of $7.78 on volume of 1,438,296 shares. Over the past year the S&P 500 has fallen -10.66% while ERIC has fallen -39.29%. ERIC earned $0.67 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 11.48. Click Here to get the full Stock Report for Telefonaktiebolaget LM Ericsson ADR Class B stock.