Home / Tech & Systems / Stocks Luring Active Investors: Telefonaktiebolaget LM Ericsson (NASDAQ:ERIC), Ciena Corporation (NYSE:CIEN)

Stocks Luring Active Investors: Telefonaktiebolaget LM Ericsson (NASDAQ:ERIC), Ciena Corporation (NYSE:CIEN)

Following previous ticker characteristics, Telefonaktiebolaget LM Ericsson (NASDAQ:ERIC) also run on active notice, stock price plummeted -2.60% after traded at $7.12 in most recent trading session.

Ericsson (ERIC) and Cisco (CSCO) revealed an agreement to supply and install IP networks for C&W Communications, which operates the retail brand Flow, in three Caribbean markets. The plans include an upgrade to the IP backbone network in the Bahamas to improve performance and support an increase of traffic, and a new business-to-business IP/MPLS network in Jamaica and Barbados.

Executive Vice-president and CTIO of C&W, Carlo Alloni stated that we needed a powerful and intelligent solution to bring IP networking to both Jamaica and Barbados, while at the same time improving the IP network in the Bahamas. He continued “This partnership will allow us to offer even more value-added services including our world class IPTV services as well as introduce more innovative solutions to our customers.”

ERIC has price to earnings ratio of 14.35 and the price to current year EPS stands at 15.50%. Whereas the traders who further want to see about this, may be interested to see Price to next year’s EPS that would be 13.32%. The earning yield also gives right direction to lure investment, as the co has 6.46% dividend yield. Moving toward ratio analysis, it has current ratio of 2.00 and quick ratio was calculated as 1.60. The debt to equity ratio appeared as 0.20 for seeing its liquidity position.

Taking notice on volatility measures, price volatility of stock was 1.30% for a week and 1.07% for a month. The price volatility’s Average True Range for 14 days was 0.10. On these bases, analysts would recommend this stock as an “Active Revolving Stocks.” The firm attains analyst recommendation of 3.20 out of 1-5 scale with week’s performance of -4.69%. ERIC’s institutional ownership was registered as 8.80%, while insider ownership was 0.90%.

Ciena Corporation (NYSE:CIEN) persists its position slightly strong in context of buying side, while shares price fell down to knees -1.29% during latest trading session as,

Analysts Practices; to watch unbiased undervalue securities, there is need to see following technical rations. CIEN holds price to earnings ratio of 238.33 that presents much better indication for a stock’s value than the market price alone. Based on historic views, the average P/E ratio in market fluctuates between 15 to 25, but alone low P/E ratio does not necessarily mean that a company is undervalue.

Narrow down focus to other ratios, the co has current ratio of 3.30 that indicates if CIEN lies in 1.3% to 3% then it is acceptable for both active and passive investors, but sometimes its varies industry to industry. Generally, it indicates good short-term financial strength. Street is more conscious on this after SunEdison, Inc. case. To make strengthen these views, the active industry firm has Quick Ratio of 3.00, which indicates firm has sufficient short-term assets to cover its immediate liabilities. In addition, the firm has debt to equity ratio of 2.26, sometimes its remain same with long term debt to equity ratio.


About Gerard Bergeron

Gerard Bergeron covers Bio-pharmacy or healthcare sector Press Releases news updates. He has extensive three year of experience in content writing as freelance writer. He performs analysis of Healthcare Companies and provides worthy information for investor community. He is an experienced writer with a precise grasp of the English language and a clear, compelling writing style.

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