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Telefonaktiebolaget LM Ericsson (publ) (ERCG.DE)

XETRA - XETRA Delayed price. Currency in EUR
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5.31+0.23 (+4.53%)
At close: 05:28PM CET
Full screen
Previous close5.08
Open5.31
Bid4.90 x 10000
Ask6.00 x 87300
Day's range5.31 - 5.31
52-week range4.38 - 6.07
Volume2,000
Avg. volume144
Market cap17.626B
Beta (5Y monthly)0.37
PE ratio (TTM)N/A
EPS (TTM)N/A
Earnings dateN/A
Forward dividend & yield0.24 (4.66%)
Ex-dividend date04 Apr 2024
1y target estN/A
  • Zacks

    Ericsson (ERIC) Outpaces Stock Market Gains: What You Should Know

    Ericsson (ERIC) closed at $5.51 in the latest trading session, marking a +1.47% move from the prior day.

  • Bloomberg

    Ericsson to Shed 1,200 Swedish Jobs in Bid to Slash Costs

    (Bloomberg) -- Ericsson AB, one of the world’s biggest providers of 5G networking equipment, said it will cut 1,200 jobs in Sweden, reducing costs as it faces lower sales from mobile providers. Most Read from BloombergTesla’s $25,000 Car Means Tossing Out the 100-Year-Old Assembly LineDubai Is Losing Its Allure for Wealthy RussiansLondon Insurers Face Baltimore Bridge Payouts Worth BillionsUBS Banker’s Frustration Exposes Cracks in World of Climate FinanceBankman-Fried Is Sentenced to 25 Years i

  • Reuters

    Ericsson to lay off 1,200 staff in Sweden as 5G spending slows

    COPENHAGEN (Reuters) -Ericsson on Monday said it would lay off about 1,200 employees in Sweden as part of cost-cutting measures announced earlier this year as customers reduce their spending on 5G gear. After cutting thousands of staff last year, telecoms equipment suppliers like Ericsson and Finland's Nokia are expecting 2024 to remain challenging as 5G equipment sales slow in North America and are also expected to ease from record levels in India. Ericsson told Reuters in January it could look at further cost cuts this year including layoffs but had not given specific figures.