The pursuit of outperformance leads many investors to carefully choose individual stocks. Picking the right ones can be a game-changer for growing your wealth.
In the latest session, Wipro Ltd. ADR (NYSE: WIT) closed at $3.13 up 0.97% from its previous closing price of $3.10. In other words, the price has increased by $0.97 from its previous closing price. On the day, 5.12 million shares were traded. WIT stock price reached its highest trading level at $3.18 during the session, while it also had its lowest trading level at $3.13.
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 4.99 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 14.79. 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 32740427776 and an Enterprise Value of -333204553728. As of this moment, Wipro’s Price-to-Earnings (P/E) ratio for their current fiscal year is 29.31, and their Forward P/E ratio for the next fiscal year is 20.80. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 3.09. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.08 while its Price-to-Book (P/B) ratio in mrq is 3.41. Its current Enterprise Value per Revenue stands at -0.375 whereas that against EBITDA is -1.986.
Stock Price History:
The Beta on a monthly basis for WIT is 0.97, which has changed by -0.44699645 over the last 52 weeks, in comparison to a change of 0.08572841 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 -8.31%, while the 200-Day Moving Average is calculated to be -4.87%.
Shares Statistics:
For the past three months, WIT has traded an average of 5.27M shares per day and 5730280 over the past ten days. 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 2.92% stake in the company. Shares short for WIT as of 1741910400 were 53836414 with a Short Ratio of 10.22, compared to 1739491200 on 47543424. Therefore, it implies a Short% of Shares Outstanding of 53836414 and a Short% of Float of 1.9.
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 1.9354839The 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.
