Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.
In the latest session, Wipro Ltd. ADR (NYSE: WIT) closed at $2.80 down -3.45% from its previous closing price of $2.90. In other words, the price has decreased by -$3.45 from its previous closing price. On the day, 10.98 million shares were traded.
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 4.69 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 14.22. 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 0.24 whereas as Long-Term Debt/Eq ratio is at 0.11.
Valuation Measures:
As of this moment, Wipro’s Price-to-Earnings (P/E) ratio for their current fiscal year is 21.57, and their Forward P/E ratio for the next fiscal year is 17.85. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 5.77. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.78 while its Price-to-Book (P/B) ratio in mrq is 3.13.
Stock Price History:
Over the past 52 weeks, WIT has reached a high of $3.79, while it has fallen to a 52-week low of $2.55. The 50-Day Moving Average of the stock is -6.15%, while the 200-Day Moving Average is calculated to be -14.16%.
Shares Statistics:
A total of 10.46B shares are outstanding, with a floating share count of 10.46B. Insiders hold about 0.00% of the company’s shares, while institutions hold 2.97% stake in the company.
