Depending on how one views it, the stock price performance for the year has been a mixed bag, resulting in either an optimistic or pessimistic outlook. The metric has seen a significant gain of 5.08% since the start of this calendar year. Looking back over the last six months, we can see a weaker performance of 25.68%. Over the past 30 days, the price of WIT has fallen by 4.20%. And in the last five days, it has surged by 1.92%.
Wipro Ltd. ADR experienced a rather steady stock market performance. The highest value in the past year was recorded at $3.79 on 01/24/25 and the lowest value was $2.55 on 05/31/24.
52-week price history of WIT Stock
Analyzing a stock’s 52-week high and low prices can offer important information about its present condition and future outlook. Wipro Ltd. ADR’s current trading price is -1.85% away from its 52-week high, while its distance from the 52-week low is 46.17%. The stock’s price range during this period has varied between$2.55 and $3.79. The Wipro Ltd. ADR’s shares, which operate in the Technology, saw a trading volume of around 4.85 million for the day, a figure considerably lower than their average daily volume of 5.41 million over last three months.
Market Capitalization vs. Financial Performance: A Comparative Study
Wipro Ltd. ADR (WIT) has experienced a quarterly rise of 14.81% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 38.90B and boasts a workforce of 234000 employees.
Combining Moving Average and Trading Volume Data for Better Market Insight
Based on Barchart.com data, the company’s moving average over the 100-day period was 3.43, with a change in price of +0.56. Similarly, Wipro Ltd. ADR recorded 4,842,383 in trading volume during the last 100 days, posting a change of +17.54%.
WIT’s Debt-to-Equity Ratio Cause for Concern? An In-Depth Look
The debt-to-equity (D/E) ratio is a significant metric that provides insights into a company’s financial state and market presence. By dividing a company’s current liabilities by its shareholders’ equity, the D/E ratio depicts the extent of debt used by a company to fund its assets relative to the value of its shareholders’ equity. At the time of writing, the total D/E ratio for WIT stands at 0.24. 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 86.27%. This is a rise compared to the raw stochastic average of the previous 20 days, which was noted at 86.27%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 80.39% and 78.65%, respectively.