Telefonaktiebolaget LM Ericsson ADR Class B (ERIC) is up Thursday morning, with the stock gaining 1.05% in pre-market trading to 7.71.
ERIC's short-term technical score of 8 indicates that the stock has traded less bullishly over the last month than 92% of stocks on the market. In the Communication Equipment industry, which ranks 87 out of 146 industries, the stock ranks higher than 11% of stocks.
Telefonaktiebolaget LM Ericsson ADR Class B has risen 7.01% over the past month, closing at $7.46 on July 21. During this period of time, the stock fell as low as $7.24 and as high as $7.81. ERIC has an average analyst recommendation of Buy. The company has an average price target of $11.00.
ERIC has an Overall Score of 27. Find out what this means to you and get the rest of the rankings on ERIC!
Telefonaktiebolaget LM Ericsson ADR Class B has a Long-Term Technical rank of 23. This means that trading over the last 200 trading days has placed the company in the lower half of stocks with 77% of the market scoring higher. In the Communication Equipment industry which is number 70 by this metric, ERIC ranks better than 70% of stocks.
