Telefonaktiebolaget LM Ericsson (ERIC) is up Wednesday morning, with the stock gaining 1.43% in pre-market trading to 12.05. ERIC's short-term technical score of 42 indicates that the stock has traded less bullishly over the last month than 58% of stocks on the market. In the Communication Equipment industry, which ranks 92 out of 146 industries, the stock ranks higher than 46% of stocks. Telefonaktiebolaget LM Ericsson has risen 0.93% over the past month, closing at $11.61 on September 15. During this period of time, the stock fell as low as $10.98 and as high as $11.97. 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 35. This means that trading over the last 200 trading days has placed the company in the lower half of stocks with 65% of the market scoring higher. In the Communication Equipment industry which is number 100 by this metric, ERIC ranks better than 52% of stocks.
Telefonaktiebolaget LM Ericsson (ERIC) has risen 1.43% Wednesday In Premarket Trading
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ERIC has an Overall Score of 36. Find out what this means to you and get the rest of the rankings on ERIC!