Wipro Ltd. ADR (NYSE:WIT) currently has a daily average trading volume of 5.38M but it saw 3951956 shares traded in last market. With a market cap of 36.07B USD, the company’s current market price of $3.09 came rising about 0.98 while comparing to the previous closing price of $3.06. 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 $3.03 while lowest mark touched by it was $3.12.
Taking a look at 20-day trading activity of Wipro Ltd. ADR (WIT) gives us an average price of $3.10, while its current price level is -18.47% below from 52-week high level whereas it is 21.41% 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 $3.38 while that of 200 days or SMA-200 reads an average of $3.30. A closer look into the stock’s movement over the week reveals that its volatility is standing at 2.08% during that period while stretching the period over a month that decreases to 1.91%. 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 42.42 which implies that the stock is in neutral territory.
Over the week, WIT’s stock price is moving -0.32% down while it is -4.04% when we observe its performance for the past one month. Year-to-date it is -12.71% down and over the past year, the stock is showing an upside performance of 9.19%.
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 $229.36B as analysts are expecting the sales for current fiscal year at $894.18B and seeing the company making $940.85B in sales next year. Moreover, analysts are in estimates of $226.24B for current-quarter revenue.
Currently, Wipro Ltd. ADR’s total number of outstanding shares is 11.67B with 0.00% of that held by the insiders while 2.92% 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 28.93 while having a 20.52 of forward P/E ratio. Stock’s beta reads 1.02. Stock has a price to book (P/B) ratio of 3.37 while price to sale or P/S ratio amounts to 3.40. Its return on asset (ROA) is 10.31% on average.
