The 52-week high and low prices can offer valuable insights into a stock’s current standing and prospects for future performance. Wipro Ltd. ADR’s current trading price is -10.70% away from its 52-week high, while its distance from the 52-week low is 39.73%. The stock’s price range for this period has been between $4.48 and $7.01 The company’s shares, which are part of the Technology sector, had a trading volume of approximately 1.01 million for the day, a number notably lower than the average daily volume of 1.88 million over the last three months.
In terms of market performance, Wipro Ltd. ADR had a fairly even. The highest value for the stock in the past year was $7.01 on 07/18/24, and the lowest value was recorded at $4.48 on 10/26/23.
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Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Wipro Ltd. ADR (WIT) has experienced a quarterly rise of 2.79% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 32.71B and boasts a workforce of 234000 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 6.12, with a change in price of +0.81. Similarly, Wipro Ltd. ADR recorded 2,123,528 in trading volume during the last 100 days, posting a change of +14.86%.
Understanding Ticker ‘s Debt-to-Equity Ratio: An Analysis
The debt-to-equity (D/E) ratio serves as an important indicator of a company’s financial stability and market position. By dividing a company’s total liabilities by its shareholders’ equity, the D/E ratio reveals the degree to which a company relies on debt to finance assets compared to its shareholders’ equity. At the time of writing, the total D/E ratio for WIT stands at 0.22. Similarly, the long-term debt-to-equity ratio is also 0.10.
WIT Stock Stochastic Average
As of today, Wipro Ltd. ADR’s raw stochastic average for the last 50 days stands at 51.81%. This is a rise compared to the raw stochastic average of the previous 20 days, which was noted at 24.39%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 31.03% and 41.09%, respectively.
WIT Stock Price Performance Analysis
The stock price performance for the year has been a mixed bag, indicating either a pessimistic or optimistic outlook depending on how you look at it. The metric has seen a significant gain of 12.39% since the start of this calendar year. Looking back over the last six months, we can see a weaker performance of 21.32%. Over the past 30 days, the price of WIT has leaped by -1.73%. And in the last five days, it has fallen by -0.16%.
