InvestorsObserver
×
News Home

Will Telefonaktiebolaget LM Ericsson ADR Class B (ERIC) Stay at the Bottom of the Technology Sector?

Friday, June 17, 2022 11:14 AM | InvestorsObserver Analysts

Mentioned in this article

Will Telefonaktiebolaget LM Ericsson ADR Class B (ERIC) Stay at the Bottom of the Technology Sector?

Telefonaktiebolaget LM Ericsson ADR Class B (ERIC) is near the bottom in its sector according to InvestorsObserver. ERIC gets an overall rating of 8. That means it scores higher than 8% of stocks. Telefonaktiebolaget LM Ericsson ADR Class B gets a 18 rank in the Technology sector. Technology is number 4 out of 11 sectors.

Overall Score - 8
ERIC has an Overall Score of 8. Find out what this means to you and get the rest of the rankings on ERIC!

What do These Ratings Mean?

Analyzing stocks can be hard. There are tons of numbers and ratios, and it can be hard to remember what they all mean and what counts as “good” for a given value. InvestorsObserver ranks stocks on eight different metrics. We percentile rank most of our scores to make it easy for investors to understand. A score of 8 means the stock is more attractive than 8 percent of stocks. Not only are these scores easy to understand, but it is easy to compare stocks to each other. You can find the best stock in technology 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 trading at $7.38 as of 11:00 AM on Friday, Jun 17, a rise of $0.07, or 1.03% from the previous closing price of $7.30. The stock has traded between $7.36 and $7.50 so far today. Volume today is light. So far 2,989,357 shares have traded compared to average volume of 7,646,004 shares. Click Here to get the full Stock Report for Telefonaktiebolaget LM Ericsson ADR Class B stock.

You May Also Like

Get the InvestorsObserver App

InvestorsObserver App
iOS App Android App