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 -12.40% away from its 52-week high, while its distance from the 52-week low is 30.45%. The stock’s price range for this period has been between $2.55 and $3.79 The company’s shares, which are part of the Technology sector, had a trading volume of approximately 4.03 million for the day, a number notably lower than the average daily volume of 4.95 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 $3.79 on 01/24/25, and the lowest value was recorded at $2.55 on 05/31/24.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Wipro Ltd. ADR (WIT) has experienced a quarterly decline of -5.01% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 34.73B 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 3.49, with a change in price of +0.13. Similarly, Wipro Ltd. ADR recorded 5,027,131 in trading volume during the last 100 days, posting a change of +4.24%.
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 0.24. Similarly, the long-term debt-to-equity ratio is also 0.10.
WIT Stock Stochastic Average
Wipro Ltd. ADR’s raw stochastic average for the past 50 days is presently 24.19%, as of today. This marks a decrease from the raw stochastic average of the last 20 days, which was 26.32%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 14.78% and 11.13%, respectively.
WIT Stock Price Performance Analysis
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 index has shown a price loss of -6.21% this year. Over the last six months, there has been a weaker performance of 3.27%. The price of WIT leaped by -9.78% during the last 30 days period. For the last 5-days stocks have slided -1.48%.
