Beyond market averages, investors looking for exceptional returns turn to stock picking. Skillful choices in individual stocks have the power to substantially increase your wealth.
Wipro Ltd. ADR (NYSE: WIT) closed the day trading at $2.88 down -1.03% from the previous closing price of $2.91. In other words, the price has decreased by -$1.03 from its previous closing price. On the day, 9.15 million shares were traded. WIT stock price reached its highest trading level at $2.9088 during the session, while it also had its lowest trading level at $2.87.
Ratios:
For a better understanding of WIT, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 4.83 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 14.64. 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 31007809536 and an Enterprise Value of -307476103168. As of this moment, Wipro’s Price-to-Earnings (P/E) ratio for their current fiscal year is 22.19, and their Forward P/E ratio for the next fiscal year is 18.30. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 5.22. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.86 while its Price-to-Book (P/B) ratio in mrq is 3.11. 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 -0.13901347 over the last 52 weeks, in comparison to a change of 0.10611236 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 -2.50%, while the 200-Day Moving Average is calculated to be -11.01%.
Shares Statistics:
Over the past 3-months, WIT traded about 5.67M shares per day on average, while over the past 10 days, WIT traded about 7351370 shares per day. 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 12.75, 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
WIT’s forward annual dividend rate is 0.07, up from 6.0 a year ago. Against a Trailing Annual Dividend Yield of 2.0618556The stock’s 5-year Average Dividend Yield is 0.71.
