Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
After finishing at $3.05 in the prior trading day, Wipro Ltd. ADR (NYSE: WIT) closed at $3.00, down -1.64%. In other words, the price has decreased by -$1.64 from its previous closing price. On the day, 4.73 million shares were traded. WIT stock price reached its highest trading level at $3.06 during the session, while it also had its lowest trading level at $3.0.
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 4.78 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 14.17. For the most recent quarter (mrq), Quick Ratio is recorded 2.83 and its Current Ratio is at 2.83. In the meantime, Its Debt-to-Equity ratio is 0.24 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 31457998848 and an Enterprise Value of -334563999744. As of this moment, Wipro’s Price-to-Earnings (P/E) ratio for their current fiscal year is 28.09, and their Forward P/E ratio for the next fiscal year is 19.97. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.95. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.96 while its Price-to-Book (P/B) ratio in mrq is 3.27. Its current Enterprise Value per Revenue stands at -0.377 whereas that against EBITDA is -1.994.
Stock Price History:
The Beta on a monthly basis for WIT is 0.97, which has changed by -0.4957983 over the last 52 weeks, in comparison to a change of 0.07465422 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 $2.55. The 50-Day Moving Average of the stock is -13.48%, while the 200-Day Moving Average is calculated to be -8.40%.
Shares Statistics:
The stock has traded on average 5.03M shares per day over the past 3-months and 5517230 shares per day over the last 10 days, according to various share 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 2.94% stake in the company. Shares short for WIT as of 1740700800 were 48969185 with a Short Ratio of 9.73, compared to 1738281600 on 48370685. Therefore, it implies a Short% of Shares Outstanding of 48969185 and a Short% of Float of 1.73.
Dividends & Splits
In the trailing 12 months, WIT’s forward annual dividend rate was 6.0, compared to 0.07 this year. Against a Trailing Annual Dividend Yield of 1.9672132The stock’s 5-year Average Dividend Yield is 0.58. The current Payout Ratio is 8.49% for WIT, which recently paid a dividend on 2024-01-23 with an ex-dividend date of 1738022400. Stock splits for the company last occurred on 2017-06-22 when the company split stock in a 2:1 ratio.
