Wipro Ltd. ADR (NYSE:WIT)’s traded shares stood at 1.46 million during the latest session, with the company’s beta value hitting 0.88. At the last check today, the stock’s price was $5.34, to imply an increase of 3.59% or $0.18 in intraday trading. The WIT share’s 52-week high remains $6.45, putting it -20.79% down since that peak but still an impressive 19.1% since price per share fell to its 52-week low of $4.32. The company has a valuation of $27.93B, with an average of 2.52 million shares over the past 3 months.
Wipro Ltd. ADR (NYSE:WIT) trade information
After registering a 3.59% upside in the latest session, Wipro Ltd. ADR (WIT) has traded red over the past five days. The stock hit a weekly high of 5.47, jumping 3.59% in its intraday price action. The 5-day price performance for the stock is -2.11%, and -10.17% over 30 days. With these gigs, the year-to-date price performance is -4.04%.
Wipro Ltd. ADR (WIT) estimates and forecasts
Looking at statistics comparing Wipro Ltd. ADR share performance against respective industry, we note that the company has underperformed competitors. Wipro Ltd. ADR (WIT) shares are 13.24% up over the last 6 months, with its year-to-date growth rate lower than industry average at 4.00% against 21.30%.
An assessment of the company’s 5-year growth patterns shows that annual earnings grew an estimated 5.62% for the past 5-year period. While 2024 is set for a 11.63% return in earnings, projections for the next 5 years are at 9.00% annually.
WIT Dividends
Wipro Ltd. ADR has its next earnings report out in May. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too. Wipro Ltd. ADR has a forward dividend ratio of 0.01, with the share yield ticking at 0.22% to continue the rising pattern observed over the past year. The company’s average dividend yield trailing the past 5-year period is 0.00%.
