Telefonaktiebolaget LM Ericsson ADR Class B (ERIC) is down Friday morning, with the stock dropping -1.00% pre-market to 7.9. ERIC’s short-term technical score of 9 indicates that the stock has traded less bullishly over the past month than 91% of stocks in the market. In the communications equipment industry, which ranks 103 out of 146 industries, ERIC ranks above 7% of the stock. Telefonaktiebolaget LM Ericsson ADR Class B has fallen 16.35% over the past month, closing at $9.66 on April 8. During this period, the stock fell to $7.96 and $9.80. ERIC has an average buy recommendation for analysts. The company has an average price target of $12.83.

Telefonaktiebolaget LM Ericsson ADR Class B has a long-term technical rating of 3. This means that trading over the past 200 trading days has placed the company in the bottom half of the stock with 97% of the market scoring higher. In the communications equipment industry which is number 90 by this metric, ERIC ranks better than 1% of the stock.

Important dates for investors in ERIC:

-Telefonaktiebolaget LM Ericsson ADR Class B is expected to report results on 07/13/2022. Over the past 12 months, the company reported EPS of -$0.12. -We do not have a dividend date set for Telefonaktiebolaget LM Ericsson ADR Class B at this time. Click here for the full report on Telefonaktiebolaget LM Ericsson ADR Class B (ERIC)

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