Wipro Ltd. ADR (NYSE: WIT) started the day on Wednesday, with a price decrease of -0.89% at $6.68, before settling in for the price of $6.74 at the close. Taking a more long-term approach, WIT posted a 52-week range of $4.49-$7.01.
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In the past 5-years timespan, the Technology sector firm’s annual sales growth was 5.86%. Meanwhile, its Annual Earning per share during the time was 3.32%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 10.88%. This publicly-traded company’s shares outstanding now amounts to $5.23 billion, simultaneously with a float of $5.23 billion. The organization now has a market capitalization sitting at $34.91 billion. At the time of writing, stock’s 50-day Moving Average stood at $6.43, while the 200-day Moving Average is $5.97.
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 3.10% institutional ownership.
Wipro Ltd. ADR (WIT) Earnings and Revenue Records
Wipro Ltd. ADR’s EPS increase for this current 12-month fiscal period is 10.88% and is forecasted to reach 0.30 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 5.53% through the next 5 years, which can be compared against the 3.32% 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 2.67. The Stock has managed to achieve an average true range (ATR) of 0.13. Alongside those numbers, its PE Ratio stands at $24.84, and its Beta score is 0.90. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 3.28. Similarly, its price to free cash flow for trailing twelve months is now 15.77.
In the same vein, WIT’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 0.27, a figure that is expected to reach 0.07 in the next quarter, and analysts are predicting that it will be 0.30 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 2.43 million that shows plunge from its year to date volume of 2.49 million. During the previous 9 days, stock’s Stochastic %D was recorded 85.57% While, its Average True Range was 0.13.
Raw Stochastic average of Wipro Ltd. ADR (WIT) in the period of the previous 100 days is set at 78.15%, which indicates a major fall in contrast to 85.07% 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 33.66% that was higher than 33.28% volatility it exhibited in the past 100-days period.
