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Ericsson (ERIC) Shares Cross Below 200 DMA

By Market News Video Staff, Monday, September 24, 4:20 PM ET
Now Playing: Learn About The 200 DMA


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In trading on Monday, shares of Ericsson (NASDAQ:ERIC) crossed below their 200 day moving average of $9.43, changing hands as low as $9.41 per share. Ericsson shares are currently trading off about 1.2% on the day. The chart below shows the one year performance of ERIC shares, versus its 200 day moving average:

Ericsson 200 Day Moving Average Chart

Looking at the chart above, ERIC's low point in its 52 week range is $8.23 per share, with $11.25 as the 52 week high point — that compares with a last trade of $9.44.


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According to the ETF Finder at ETF Channel, ERIC makes up 5.13% of the FTSE Nordic Region ETF (AMEX:GXF) which is trading lower by about 0.6% on the day Monday.

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