The pursuit of market outperformance leads investors to the practice of hand-picking stocks. Skillful choices can be a catalyst for significant wealth enhancement.
In the latest session, Wipro Ltd. ADR (NYSE: WIT) closed at $2.92 down -4.89% from its previous closing price of $3.07. In other words, the price has decreased by -$4.89 from its previous closing price. On the day, 18.82 million shares were traded. WIT stock price reached its highest trading level at $3.0234 during the session, while it also had its lowest trading level at $2.87.
Ratios:
For a deeper understanding of Wipro Ltd. ADR’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 4.90 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 14.84. For the most recent quarter (mrq), Quick Ratio is recorded 2.70 and its Current Ratio is at 2.71. In the meantime, Its Debt-to-Equity ratio is 0.23 whereas as Long-Term Debt/Eq ratio is at 0.10.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, WIT now has a Market Capitalization of 31105884160 and an Enterprise Value of -307476103168. As of this moment, Wipro’s Price-to-Earnings (P/E) ratio for their current fiscal year is 22.50, and their Forward P/E ratio for the next fiscal year is 18.53. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 5.32. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.90 while its Price-to-Book (P/B) ratio in mrq is 3.15. Its current Enterprise Value per Revenue stands at -0.345 whereas that against EBITDA is -1.771.
Stock Price History:
The Beta on a monthly basis for WIT is 0.94, which has changed by -0.13095236 over the last 52 weeks, in comparison to a change of 0.11844492 over the same period for the S&P500. Over the past 52 weeks, WIT has reached a high of $3.79, while it has fallen to a 52-week low of $2.63. The 50-Day Moving Average of the stock is -1.10%, while the 200-Day Moving Average is calculated to be -9.87%.
Shares Statistics:
For the past three months, WIT has traded an average of 5.47M shares per day and 6447840 over the past ten days. A total of 10.47B shares are outstanding, with a floating share count of 10.47B. Insiders hold about 0.00% of the company’s shares, while institutions hold 3.30% stake in the company. Shares short for WIT as of 1749772800 were 73246388 with a Short Ratio of 13.39, compared to 1747267200 on 71423358. Therefore, it implies a Short% of Shares Outstanding of 73246388 and a Short% of Float of 2.5799999000000002.
Dividends & Splits
According to the company, the forward annual dividend rate for WIT is 0.07, from 6.0 in the trailing year. Against a Trailing Annual Dividend Yield of 1.9543974The stock’s 5-year Average Dividend Yield is 0.71.
