Stock Updates

Today’s Top Gainers in the Market Wipro Ltd. (NYSE:WIT) from Technology

Today’s top gainers include the company Wipro Ltd. (NYSE:WIT) which is in the industry Information Technology Services, gaining 1.94% today. In the last week its performance is 2.99%, and -12.90% for the past quarter. Currently, Wipro Ltd., WIT has a target price of 10.25, so today’s gain of 1.94% is a significant step towards its target price. The GAP today is therefore 2.45%.

Wipro Ltd. (NYSE:WIT), has a market cap of 18105.78, and is based in India. Insider ownership is at 79.00%, and institutional ownership is 2.50%.

At the current price of 9.99, it has a dividend yield of 0.30%, and its target price is 10.25. This is with a profit margin of 16.60%, and total debt/equity of 0.26. Wipro Ltd. (NYSE:WIT) has a P/E of 18.78, as well as a forward P/E of 16.38.

With a current EPS of 0.53, and a forecasted EPS growth for next year at 11.52%,Wipro Ltd. (NYSE:WIT) has had a EPS growth for the past five years at 9.70%. For the next five years EPS growth is projected to be 14.00%.

Performance for the year is -19.53%. Since its IPO date on 10/19/2000, the total performance to date is -12.76%.

Volume today for Wipro Ltd. (NYSE:WIT), is 909800, while its average volume is 708.31. Whilst the total gain today was 1.94%, it did have a day high of -12.75%.

Volatility for this week has been at 1.40%, and 1.33% for the month. The 52-week low for Wipro Ltd., WIT has been 3.74%, while the 52-week-high has reached -23.53%.

Looking at its return of investments, which is 10.30%, and its return on assets is 12.50%. Wipro Ltd. (NYSE:WIT) has an operating margin of 18.20%. With a sales growth of 11.10% quarter over quarter. Bearing in mind that Wipro Ltd., WIT is in the sector Technology, its long-term debt/equity is 0.04, and has a current ratio of 2.4 and 2.3 for quick ratio.

So what is the value of Wipro Ltd.? Well its PEG is 1.34, and the P/S is 2.3, along with a P/B of 3.35. Meanwhile it has a p/cash of 3.74.

Disclaimer: Remember there is a risk to your investment, this is not a recommendation, nor personal advice, never invest more than you are able too loose.

About the author

Mark Hines

Leave a Comment