How to Buy Wipro Stock
Wipro Ltd
Wipro is a information technology service company located in India, which is part of the Technology sector, and is traded under the ticker WIT on the NYSE exchange.
Wipro stock last closed at $2.78, down 1.77% from the previous day, and has decreased 10.18% in one year. It has overperformed other stocks in the Information Technology Services industry by 0.01 percentage points. Wipro stock is currently +6.11% from its 52-week low of $2.62, and -26.65% from its 52-week high of $3.79.
At the moment, there are 10.47B shares of WIT outstanding. The market capitalization of WIT is $29.11B. In the last 24 hours, 3.03M WIT shares were traded.
How to Buy Wipro Stock
Not sure how to invest in Wipro stock? Here's how.
- Figure out where to buy Wipro stock: You need to choose an online brokerage, but don't worry - we've analyzed dozens of stock brokerages and apps to help you determine where to buy Wipro stock.
- Sign up for a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
- Put funds into your brokerage account: Pick your payment method and add your information.
- Evaluate Wipro stock: The Wipro ticker symbol is WIT. Is Wipro stock a good investment? Should you buy shares of WIT? How do WIT's underlying business fundamentals look? Do top analysts think Wipro is a good buy? Why has WIT's stock price moved recently? (Hint: Our stock market analysis tools can help you decide if WIT is a good stock to buy).
- Place your WIT trade: Decide if you will purchase WIT shares at the current market price or use a limit order to purchase WIT shares at a particular price.
- Get the latest news on your WIT position: Create a watchlist to watch your position in Wipro shares.
Step 1: Figure out where to buy Wipro stock
You need an online brokerage account to access the NYSE market and buy WIT stock.
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Open eToro AccountStep 2: Sign up for a brokerage account
Now that you've chosen the right brokerage, the next step is to fill out some personal info so you are able to invest in WIT stock today.
How to Open a New Investment Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Enter your personal data to open your new trading account.
- Submit your info by pressing the "Create Account" button. Get started with eToro today
Step 3: Put funds into your brokerage account
Now that you have opened your account on a mobile trading app, your next step is to transfer the money for your investment:
Check out the walkthrough below for more details depositing funds into your brokerage account.
Step 4: Evaluate Wipro stock
After you have figured out the best place to buy Wipro stock, it's crucial to evaluate their stock before you invest, so you can understand the risk and upside.
Wipro stock quick numbers
Fundamentals of WIT
WallStreetZen was built to help part-time investors perform more in-depth fundamental analysis in minutes instead of hours.
You can view all of the due diligence checks on WIT's stock page.
Is WIT stock undervalued?
You can use a variety of different financial metrics, analyses, models, and charts to gauge WIT's fair value.
Using relative valuations measures:
- WIT may be undervalued based on its P/E ratio of 18.53x, relative to Information Technology Services industry P/E ratio of 38.1x
- WIT may be undervalued based on its P/B ratio of 2.88x, relative to Information Technology Services industry P/B ratio of 4.36x
- WIT could be overvalued based on its PEG ratio of 8.52x
You can access more valuation research on WIT's stock here.
WIT Financials at a glance
Signs that WIT is financially healthy:
- There are more short-term assets than short-term liabilities on the WIT balance sheet.
- WIT profit margin has gone up from 12.6% to 15.1% in the past year.
- There are more short-term assets than long-term liabilities on the WIT balance sheet.
Signs that WIT is not financially healthy:
- WIT has a relatively high debt to equity ratio of 0.5.
- Total WIT debt is higher than 5 years ago, relative to shareholder equity.
You can dive deeper into what analysts are saying on the Wipro stock forecast page.
WIT Trading Indicators
Is WIT Making Money?
Last year, WIT earnings were $1.57B. During the last five year, WIT's earnings have gone up by 5.83% per year. This was slower than the Information Technology Services industry average of 8.51%.
Last year, WIT revenue was $10.38B. In the last five year, WIT's revenue has gone up by 4.92% per year. This was faster than the Information Technology Services industry average of 4.57%.
Learn more about WIT's earnings and revenue performance here.
Who is buying/selling WIT?
In the past 12 months, insiders at WIT have not bought or sold any shares.
Get more info about who owns WIT stock here.
Does WIT stock generate passive income?
Wipro pays a dividend of 2.09%, compared to the Information Technology Services industry's average dividend yield of 2.84%. If you owned $1,000 worth of WIT stock, you would have received $20.86 last year.
Wipro dividend payments have consistently grown over the past decade but have not remained stable.
Find more data about Wipro dividend yield and history here.
WIT Social Trading Data
One of the primary reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to find out what other traders have to say.
Step 5: Place your WIT trade
There are two primary order types:
- Market order: A market order is an order to buy or sell a stock at the best price on the market.
Market orders are mostly sufficient. - Limit order: A limit order enables you to buy or sell a stock at a specific price (or better).
If you want to be sure you're buying or selling at a particular price, use a limit order.
Hit the Open button and your broker will execute the order.
If you need additional info about buying stocks on eToro, click the how to video below:
Step 6: Get the latest news on your WIT position
Now that you own some WIT shares, you'll want to stay up-to-date on your new stock purchase.
Make a watchlist to track the latest developments regarding your WIT stock.
WIT Feed
How to Buy Stock in Wipro
To summarize, here are the 6 steps for buying Wipro stock:
- Figure out where to buy Wipro stock
- Sign up for a brokerage account
- Put funds into your brokerage account
- Evaluate Wipro stock
- Place your WIT trade
- Get the latest news on your WIT position
If you require a brokerage account, eToro is our favorite option.
Get Started with eToro TodayIf you want to keep tabs on your new investment in Wipro, create a watchlist today.
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