Telefonaktiebolaget LM Ericsson (ERIC) has fallen Friday morning, with the stock losing -0.86% in pre-market trading to 11.51. ERIC's short-term technical score of 30 indicates that the stock has traded less bullishly over the last month than 70% of stocks on the market. In the Communication Equipment industry, which ranks 94 out of 146 industries, ERIC ranks higher than 32% of stocks. Telefonaktiebolaget LM Ericsson has risen 2.47% over the past month, closing at $11.29 on August 20. During this period of time, the stock fell as low as $11.29 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 26. This means that trading over the last 200 trading days has placed the company in the lower half of stocks with 74% of the market scoring higher. In the Communication Equipment industry which is number 92 by this metric, ERIC ranks better than 28% of stocks.
Telefonaktiebolaget LM Ericsson (ERIC) Down 0.86% in Premarket Trading
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ERIC has an Overall Score of 30. Find out what this means to you and get the rest of the rankings on ERIC!