Wipro Ltd. ADR (NYSE: WIT) started the day on Thursday, with a price increase of 0.18% at $5.58, before settling in for the price of $5.57 at the close. Taking a more long-term approach, WIT posted a 52-week range of $4.32-$6.45.
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The Technology sector firm’s twelve-monthly sales growth has been 8.25% for the last half of the decade. Meanwhile, its Annual Earning per share during the time was 5.62%. Nevertheless, stock’s Earnings Per Share (EPS) this year is -1.16%. This publicly-traded company’s shares outstanding now amounts to $5.48 billion, simultaneously with a float of $5.22 billion. The organization now has a market capitalization sitting at $29.12 billion. At the time of writing, stock’s 50-day Moving Average stood at $5.96, while the 200-day Moving Average is $5.24.
Wipro Ltd. ADR (WIT) Ownership Facts and Figures
Now let’s turn our focus to how large-scale investors are working with this stock of the Information Technology Services Industry. Wipro Ltd. ADR’s current insider ownership accounts for 0.00%, in contrast to 2.54% institutional ownership.
Wipro Ltd. ADR (WIT) Earnings and Revenue Records
In the latest quarterly report released, which was put into the public domain on 12/30/2023, the organization reported $0.06 earnings per share (EPS) for the three months, lower than the consensus estimate (set at $0.07) by -$0.01. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.06 per share during the current fiscal year.
Wipro Ltd. ADR’s EPS decrease for this current 12-month fiscal period is -1.16% and is forecasted to reach 0.28 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 9.00% through the next 5 years, which can be compared against the 5.62% growth it accomplished over the previous five years trading on the market.
Wipro Ltd. ADR (NYSE: WIT) Trading Performance Indicators
Let’s observe the current performance indicators for Wipro Ltd. ADR (WIT). It’s Quick Ratio in the last reported quarter now stands at 2.41. The Stock has managed to achieve an average true range (ATR) of 0.11. Alongside those numbers, its PE Ratio stands at $22.03, and its Beta score is 0.86. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 2.65. Similarly, its price to free cash flow for trailing twelve months is now 14.83.
In the same vein, WIT’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 0.25, a figure that is expected to reach 0.06 in the next quarter, and analysts are predicting that it will be 0.28 at the market close of one year from today.
Technical Analysis of Wipro Ltd. ADR (WIT)
If we take a close look at the recent performances of Wipro Ltd. ADR (NYSE: WIT), its last 5-days Average volume was 4.22 million that shows progress from its year to date volume of 2.74 million. During the previous 9 days, stock’s Stochastic %D was recorded 21.70% While, its Average True Range was 0.11.
Raw Stochastic average of Wipro Ltd. ADR (WIT) in the period of the previous 100 days is set at 51.12%, which indicates a major rise in contrast to 16.67% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 22.48% that was lower than 36.12% volatility it exhibited in the past 100-days period.
