Shares of Technology sector company Wipro moved 1.6% today, and are now trading at a price of $4.66. The large-cap stock's daily volume was 411,403 compared to its average volume of 2,877,048. The S&P 500 index returned a 0.1% performance.
Wipro Limited operates as an information technology (IT), consulting, and business process services company worldwide. The company is based in Bengaluru and has 259,179 full time employees. Its market capitalization is $25,911,592,960. Wipro currently offers its equity investors a dividend that yields 109.2% per year.
3 analysts are following Wipro and have set target prices ranging from $4 to $4.65 per share. On average, they have given the company a rating of sell. At today's prices, WIT is trading 6.28% away from its average analyst target price of $4.38 per share.
Over the last year, WIT shares have gone down by -52.7%, which represents a difference of -32.6% when compared to the S&P 500. The stock's 52 week high is $9.86 per share and its 52 week low is $4.38. With average free cash flows of $97,324,500,000 that have been growing at an average rate of 6.4% over the last four years, Wipro declining stock performance may not be reflective of the quality of its underlying business.
|Date Reported||Cash Flow from Operations ($ MM)||Capital expenditures ($ MM)||Free Cash Flow ($ MM)||YoY Growth (%)|