Wipro Ltd. ADR (NYSE:WIT) currently has a daily average trading volume of 4.81M but it saw 12388632 shares traded in last market. With a market cap of 32.22B USD, the company’s current market price of $3.08 came falling about -1.91 while comparing to the previous closing price of $3.14. In past 52 weeks, the stock remained buoying in the range of price level as high as $3.79 and as low as $2.55. In the recent trading on the day, stock has struck highest price mark of $3.05 while lowest mark touched by it was $3.1.
Taking a look at 20-day trading activity of Wipro Ltd. ADR (WIT) gives us an average price of $3.39, while its current price level is -18.73% below from 52-week high level whereas it is 21.02% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $3.51 while that of 200 days or SMA-200 reads an average of $3.27. A closer look into the stock’s movement over the week reveals that its volatility is standing at 1.77% during that period while stretching the period over a month that increases to 1.78%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 23.70 which implies that the stock is in oversold territory.
Over the week, WIT’s stock price is moving -7.23% down while it is -16.53% when we observe its performance for the past one month. Year-to-date it is -12.99% down and over the past year, the stock is showing a downside performance of -0.16%.
The company is expected to be releasing its next quarterly report on 2025-Jan-16, for which analysts forecasted an EPS of 0.04 while estimate for next year EPS is 0.14. In next quarter, company is expected to be making quarterly sales of $232.2B as analysts are expecting the sales for current fiscal year at $893.74B and seeing the company making $946.43B in sales next year. Moreover, analysts are in estimates of $225.66B for current-quarter revenue.
Currently, Wipro Ltd. ADR’s total number of outstanding shares is 10.46B with 0.00% of that held by the insiders while 2.93% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at 14.02% and return on equity (ROE) at 16.59%. It has a price to earnings ratio (P/E ratio) of 28.84 while having a 20.49 of forward P/E ratio. Stock’s beta reads 0.95. Stock has a price to book (P/B) ratio of 3.35 while price to sale or P/S ratio amounts to 3.04. Its return on asset (ROA) is 10.31% on average.
