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After finishing at $6.89 in the prior trading day, Wipro Ltd. ADR (NYSE: WIT) closed at $6.09, down -11.61%. In other words, the price has decreased by -$11.61 from its previous closing price. On the day, 10.92 million shares were traded. WIT stock price reached its highest trading level at $6.4177 during the session, while it also had its lowest trading level at $5.94.
Ratios:
Our goal is to gain a better understanding of WIT by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 5.89 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 14.90. For the most recent quarter (mrq), Quick Ratio is recorded 2.69 and its Current Ratio is at 2.70. In the meantime, Its Debt-to-Equity ratio is 0.22 whereas as Long-Term Debt/Eq ratio is at 0.10.
On January 17, 2024, Exane BNP Paribas started tracking the stock assigning a Underperform rating and target price of $5.20.
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 34836021248 and an Enterprise Value of -210015158272. As of this moment, Wipro’s Price-to-Earnings (P/E) ratio for their current fiscal year is 23.71, and their Forward P/E ratio for the next fiscal year is 19.83. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 4.39. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.97 while its Price-to-Book (P/B) ratio in mrq is 3.40. Its current Enterprise Value per Revenue stands at -0.236 whereas that against EBITDA is -1.284.
Stock Price History:
Over the past 52 weeks, WIT has reached a high of $7.01, while it has fallen to a 52-week low of $4.48. The 50-Day Moving Average of the stock is 5.37%, while the 200-Day Moving Average is calculated to be 11.07%.
Shares Statistics:
The stock has traded on average 2.79M shares per day over the past 3-months and 3379480 shares per day over the last 10 days, according to various share statistics. A total of 5.22B shares are outstanding, with a floating share count of 5.22B. Insiders hold about 0.00% of the company’s shares, while institutions hold 2.82% stake in the company. Shares short for WIT as of 1719532800 were 33776258 with a Short Ratio of 12.10, compared to 1717113600 on 28899949.
Dividends & Splits
In the trailing 12 months, WIT’s forward annual dividend rate was 1.0, compared to 0.01 this year. Against a Trailing Annual Dividend Yield of 0.14513789The stock’s 5-year Average Dividend Yield is 0.53.
