Wipro Ltd. ADR (NYSE:WIT) currently has a daily average trading volume of 6.08M but it saw 5332383 shares traded in last market. With a market cap of 29.92B USD, the company’s current market price of $2.86 remained unchanged while comparing to the previous closing price of $2.86. 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 $2.84 while lowest mark touched by it was $2.88.
Taking a look at 20-day trading activity of Wipro Ltd. ADR (WIT) gives us an average price of $2.82, while its current price level is -24.54% below from 52-week high level whereas it is 12.38% 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 $3.04 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 1.78% during that period while stretching the period over a month that increases to 3.56%. 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 45.56 which implies that the stock is in neutral territory.
Over the week, WIT’s stock price is moving 0.35% up while it is -6.54% when we observe its performance for the past one month. Year-to-date it is -19.21% down and over the past year, the stock is showing an upside performance of 4.95%.
The company is expected to be releasing its next quarterly report on 2025-Apr-15, 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 $221.8B as analysts are expecting the sales for current fiscal year at $893.35B and seeing the company making $946.01B in sales next year. Moreover, analysts are in estimates of $219.23B 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 14.96% and return on equity (ROE) at 16.91%. It has a price to earnings ratio (P/E ratio) of 22.03 while having a 18.27 of forward P/E ratio. Stock’s beta reads 1.03. Stock has a price to book (P/B) ratio of 3.19 while price to sale or P/S ratio amounts to 2.84. Its return on asset (ROA) is 10.75% on average.
