|Bid||98.99 x 0|
|Ask||98.97 x 0|
|Day's Range||98.00 - 99.11|
|52 Week Range||93.42 - 121.80|
|Beta (5Y Monthly)||0.14|
|PE Ratio (TTM)||17.76|
|Forward Dividend & Yield||2.00 (1.83%)|
|Ex-Dividend Date||Sep 30, 2021|
|1y Target Est||81.10|
In this article you are going to find out whether hedge funds think Telefonaktiebolaget LM Ericsson (publ) (NASDAQ:ERIC) is a good investment right now. We like to check what the smart money thinks first before doing extensive research on a given stock. Although there have been several high profile failed hedge fund picks, the consensus […]
Following a Swedish court's decision last month to uphold Swedish telecom regulator PTS's decision to ban Chinese vendor Huawei from selling its 5G equipment in Sweden, the threat of Ericsson's (NASDAQ: ERIC) business in China suffering negative consequences intensified and then it materialized. During the second quarter, the Swedish telecom specialist saw a significant drop in its sales in China. Overall, Ericsson had a good second quarter.
Following a review of bids in the CP for 700MHz radio round of China's 5G network development, Ericsson has been awarded 2% market share.