- 24/7 Wall St.•9 hours ago
October 25, 2016: Here are four stocks trading with relatively heavy volume among 74 equities making new 52-week lows in Tuesday’s session. On the NYSE, decliners led advancers by nearly 2 to 1 and on ...
- Barrons.com•14 hours ago
Following disappointing Q3 results on Friday morning from telecom equipment giant Ericsson (ERIC), J.P. Morgan’s Sandeep Deshpande overnight cut his rating on the shares to Neutral from Overweight, and cut his expectation for the dividend by 60%, writing that it is “unsustainable” without a change in strategy. Ericsson’s initial take on earnings, when it pre-announced on October 12th, sent the shares plunging at the time. Deshpande, who cuts his dividend estimate to 1.5 Swedish Krona per share versus 3.7 Krona, writes that the strategy of more and more costs cuts “is not helping,” and something new is needed with the appointment of Jan Frykhammer back on July 25th: Cost cutting not helping.
Telefonaktiebolaget LM Ericsson (publ) (ERIC)
NasdaqGS - NasdaqGS Real Time Price. Currency in USD
|Day's Range||4.99 - 5.04|
|52wk Range||4.99 - 10.20|
|1y Target Est||N/A|
Trade prices are not sourced from all markets
|P/E Ratio (ttm)||14.06|
|Avg Vol (3m)||6,482,286|
|Dividend & Yield||0.46 (8.96%)|