3. As of noon trading, LM Ericsson Telephone Company ADR Class B ( ERIC) is down $0.06 (-0.6%) to $11.78 on light volume. Thus far, 854,642 shares of LM Ericsson Telephone Company ADR Class B exchanged hands as compared to its average daily volume of 3.1 million shares. The stock has ranged in price between $11.75-$11.83 after having opened the day at $11.79 as compared to the previous trading day's close of $11.84.

Ericsson provides telecommunications equipment and services to mobile and fixed network operators worldwide. It operates in four segments: Networks, Global Services, Support Solutions, and ST-Ericsson. LM Ericsson Telephone Company ADR Class B has a market cap of $38.9 billion and is part of the telecommunications industry. Shares are up 17.2% year to date as of the close of trading on Tuesday. Currently there are 5 analysts that rate LM Ericsson Telephone Company ADR Class B a buy, 2 analysts rate it a sell, and 5 rate it a hold.

TheStreet Ratings rates LM Ericsson Telephone Company ADR Class B as a buy. The company's strengths can be seen in multiple areas, such as its increase in net income, revenue growth, largely solid financial position with reasonable debt levels by most measures, solid stock price performance and good cash flow from operations. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. Get the full LM Ericsson Telephone Company ADR Class B Ratings Report now.

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