The stock of Wipro Ltd. ADR (WIT) has seen a -2.27% decrease in the past week, with a -6.52% drop in the past month, and a 7.17% flourish in the past quarter. The volatility ratio for the week is 2.87%, and the volatility levels for the past 30 days are at 2.03% for WIT. The simple moving average for the past 20 days is -2.56% for WIT’s stock, with a 10.09% simple moving average for the past 200 days.
Is It Worth Investing in Wipro Ltd. ADR (NYSE: WIT) Right Now?
Wipro Ltd. ADR (NYSE: WIT) has a higher price-to-earnings ratio of 38.39x compared to its average ratio, The 36-month beta value for WIT is at 0.91. Analysts have varying views on the stock, with 0 analysts rating it as a “buy,” 0 rating it as “overweight,” 2 as “hold,” and 2 as “sell.”
The public float for WIT is 10.46B, and currently, shorts hold a 0.46% of that float. The average trading volume for WIT on January 20, 2025 was 4.77M shares.
WIT) stock’s latest price update
The stock of Wipro Ltd. ADR (NYSE: WIT) has increased by 4.24 when compared to last closing price of 3.30. Despite this, the company has experienced a -2.27% fall in its stock price over the last five trading sessions. seekingalpha.com reported 2025-01-17 that Wipro Limited (NYSE:WIT ) Q3 2025 Results Conference Call January 17, 2025 8:30 AM ET Company Participants Dipak Bohra – Senior Vice President, Corporate Treasurer and Investor Relations Srinivas Pallia – Chief Executive Officer and Managing Director Aparna Iyer – Chief Financial Officer Saurabh Govil – Chief Human Resources Officer Conference Call Participants Vibhor Singhal – Nuvama Equities Abhishek Kumar – JM Financial Abhishek Bhandari – Nomura Rishi Jhunjhunwala – IIFL Institutional Equities Ravi Menon – Macquarie Gaurav Rateria – Morgan Stanley Sudheer Guntupalli – Kotak Mahindra AMC Sandeep Shah – Equirus Securities Ashwin Mehta – AMBIT Capital Operator Ladies and gentlemen, good day, and welcome to Wipro Limited Q3 FY ’25 Earnings Conference Call. As a reminder, all participant lines will be in the listen-only mode and there will be an opportunity for you to ask questions after the presentation concludes.
WIT Trading at -2.09% from the 50-Day Moving Average
After a stumble in the market that brought WIT to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -8.27% of loss for the given period.
Volatility was left at 2.03%, however, over the last 30 days, the volatility rate increased by 2.87%, as shares sank -7.03% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +7.00% upper at present.
During the last 5 trading sessions, WIT fell by -2.27%, which changed the moving average for the period of 200-days by +22.64% in comparison to the 20-day moving average, which settled at $3.53. In addition, Wipro Ltd. ADR saw -2.82% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for WIT
Current profitability levels for the company are sitting at:
- 0.16 for the present operating margin
- 0.3 for the gross margin
The net margin for Wipro Ltd. ADR stands at 0.13. The total capital return value is set at 0.15. Equity return is now at value 16.59, with 10.31 for asset returns.
Based on Wipro Ltd. ADR (WIT), the company’s capital structure generated 0.19 points at debt to capital in total, while cash flow to debt ratio is standing at 0.96. The debt to equity ratio resting at 0.24. The interest coverage ratio of the stock is 10.74.
Currently, EBITDA for the company is 193.83 billion with net debt to EBITDA at 0.49. When we switch over and look at the enterprise to sales, we see a ratio of 3.42. The receivables turnover for the company is 4.12for trailing twelve months and the total asset turnover is 0.7. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.83.
Conclusion
In conclusion, Wipro Ltd. ADR (WIT) has had a mixed performance lately. Opinion on the stock among analysts is mixed, with some giving it a “buy” rating and others a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
