|Bid||96.30 x 0|
|Ask||96.40 x 0|
|Day's Range||95.30 - 96.80|
|52 Week Range||95.30 - 128.80|
|Beta (5Y Monthly)||0.16|
|PE Ratio (TTM)||16.01|
|Forward Dividend & Yield||2.00 (2.07%)|
|Ex-Dividend Date||Sep 30, 2021|
|1y Target Est||N/A|
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Ericsson's (ERIC) Operations Engine enables communications service providers to better manage their network to enhance customer experience and drive efficiency.
On December 6, 2019, Ericsson (NASDAQ: ERIC) entered into a Deferred Prosecution Agreement (DPA) with the United States Department of Justice (DOJ). Ericsson has received correspondence from the DOJ stating that it has determined that Ericsson breached its obligations under the DPA by failing to provide certain documents and factual information, and that Ericsson will have the opportunity to respond in writing to explain the nature and circumstances of such breach, as well as the actions Ericsso
In 2019, Ericsson entered into an agreement to pay over $1 billion to resolve probes into corruption, including the bribing of government officials. The bribery took place over many years in countries including China, Vietnam and Djibouti, the U.S. Department of Justice said. Ericsson said on Friday that at this stage it is premature to predict the outcome of these developments and it intends to cooperate with the DOJ.