Telefonaktiebolaget LM Ericsson (publ) (ERCB.DE)
Builds the network infrastructure and software that connects mobile phones and devices worldwide.
8.69-0.00%Technology
StockGlow Score
Leaning Bearish
BearishBullish
1 year ago+38.7%
The outlook
Ericsson (ERCB.DE) trades below both its 50- and 200-day moving averages, reflecting a downward price trend. The stock sits roughly midway in its 52-week range and carries a trailing P/E of 13.0. Analyst sentiment leans bearish overall, with coverage showing a cautious stance on the name.
What’s behind the score
Price trendBelow its 50- & 200-day averages
52-week range44% of the way from its 52-week low to high
Market cap
$28.55B
52-wk high
11.81
52-wk low
6.25
50-day avg
10.04
200-day avg
9.37
Trailing P/E
13.0