Telefonaktiebolaget LM Ericsson Class B

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Telefonaktiebolaget LM Ericsson Class B (ERIXF) Price Performance

Telefonaktiebolaget LM Ericsson Class B (ERIXF) trades on United States in USD. The company is classified in the Technology sector under the Communication Equipment industry. The stock currently trades at $11.70.

Over the past year, ERIXF has traded between a low of $6.60 and a high of $11.70. The stock has gained 51.6% over this period. It is currently 77.3% above its 52-week low.

Telefonaktiebolaget LM Ericsson Class B has a market capitalization of $39.53B, with a price-to-earnings ratio of 12.39.

About Telefonaktiebolaget LM Ericsson Class B

Telefonaktiebolaget LM Ericsson (publ), together with its subsidiaries, provides mobile connectivity solutions to communications service providers, enterprises, and the public sector in the Americas, Europe, the Middle East, Africa, Northeast Asia, Southeast Asia, Oceania, and India. It operates through Networks; Cloud Software and Services; Enterprise; and Other segments. The Networks segment offers hardware, software, and service offerings for intelligent, reliable and flexible 5G networks. This segment also provides energy-efficient RAN with an AI-native software architecture deployable on Ericsson silicon and third-party CPUs/GPUs; transport networks; and active/ passive antennas, as well as deployment and lifecycle management services. The Cloud Software and Services segment provides core networks, network management, business and operations support systems, and network operations delivered as managed services, including secure data and voice connectivity, service monetization and orchestration tools, and network management services. The Enterprise segment offers intelligent networking and advanced communications software solutions comprising global communications platform, wireless wide area networks (WWAN), and private 5G networks. The Other segment includes RedBee Media that prepares and distributes live and on-demand video services for broadcasters, sports leagues, and communications service providers. The company was formerly known as Allmanna Telefon AB LM Ericsson and changed its name to Telefonaktiebolaget LM Ericsson (publ) in January 1926. Telefonaktiebolaget LM Ericsson (publ) was founded in 1876 and is headquartered in Stockholm, Sweden.