|Bid||77.42 x 0|
|Ask||77.45 x 0|
|Day's range||77.36 - 78.35|
|52-week range||70.05 - 117.32|
|Beta (5Y monthly)||0.19|
|PE ratio (TTM)||11.08|
|Forward dividend & yield||2.50 (3.20%)|
|Ex-dividend date||29 Sept 2022|
|1y target est||98.96|
Ericsson and InterDigital have been highlighted in this Industry Outlook article.
Ericsson on Thursday closed its $6.2 billion Vonage acquisition, nearly a month after it was delayed due to a pending investigation by a U.S. national security panel. The Swedish telecom gear maker is looking to tap Vonage's communication platform to help developers create applications using network information, user authentication, bandwidth, responsiveness, energy efficiency, security and reliability. Vonage will operate as an independent unit of Ericsson and its CEO Rory Read will join the Swedish's company's executive team.
The networking infrastructure specialist reported mildly disappointing results in the second quarter of 2022. That's not the whole story, though.