ERIC icon

Telefonaktiebolaget L M (ERIC)

NASDAQ

$11.61

$0.31 (

+2.74%

)

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Market closed

ERIC: $11.61 / ₿ 0.0002 BTC / 17500 Sats

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Key statistics

$11.30
$6.64 - $11.64
$38.70B
3.64
$11.40
$8,024,554.43
3.33B
12.3
$10.69 - $12.40
2.53
$11.37 - $11.64
Yes

What is Telefonaktiebolaget L M (ERIC)?

Ericsson provides telecom equipment and services that are primarily used to build and operate mobile networks. The firm divides its business into three segments: networks, cloud and software services, and enterprise. Wireless carriers have traditionally been the firm's primary customers, but it is pushing to cater more to enterprises as well, as both try to take advantage of 5G capabilities and utilize "as-a-service" communications platforms. The company also licenses its patents to handset manufacturers.

The Telefonaktiebolaget L M (ERIC) stock price has been rising

The Ericsson American Depositary Shares (ERIC) stock price today is $11.61, reflecting a +2.74% move since the market opened. The company’s market capitalization stands at $38.70B, with a daily trading volume of $8.02M shares. For investors tracking price trends, Ericsson American Depositary Shares stock has ranged between $11.37 and $11.64 today. The previous closing price was $11.30.

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ERIC FAQs

ERIC is in the Technology sector. Sector is a broad classification that groups companies based on their business activities, industry focus or economic function.

ERIC is in the Communication Equipment industry. Industry is a more specific classification within a sector, grouping companies that operate in a similar field and have closely related business models.

Over the past 52 weeks, Ericsson American Depositary Shares (ERIC) has traded between a low of $6.64 and a high of $11.64.

ERIC is in the Hardware industry group. Industry group is a further subdivision within an industry, grouping companies with even more closely related business models and operations. This helps investors analyze stocks at a more detailed level than sector and industry classifications alone.

ERIC’s payout ratio is 0.34. Payout ratio is a financial metric used to measure the proportion of a company's earnings that are paid out as dividends to shareholders.

ERIC’s trailing dividend yield is 2.53. Trailing dividend yield is a financial metric used to measure the return on investment from a company's dividend payments over the past 12 months.

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