EPS for Wipro Limited (WIT) Expected At $0.07; ALPHA-EN CORPORATION (ALPE) Sellers Increased By 6.1% Their Shorts

April 17, 2018 - By Richard Conner

Wipro Limited (NYSE:WIT) Logo

ALPHA-EN CORPORATION (OTCMKTS:ALPE) had an increase of 6.1% in short interest. ALPE’s SI was 8,700 shares in April as released by FINRA. Its up 6.1% from 8,200 shares previously. With 2,600 avg volume, 3 days are for ALPHA-EN CORPORATION (OTCMKTS:ALPE)’s short sellers to cover ALPE’s short positions. The SI to ALPHA-EN CORPORATION’s float is 0.08%. The stock increased 28.21% or $0.44 during the last trading session, reaching $2. About shares traded. alpha-En Corporation (OTCMKTS:ALPE) has 0.00% since April 17, 2017 and is . It has underperformed by 11.55% the S&P500.

Analysts expect Wipro Limited (NYSE:WIT) to report $0.07 EPS on April, 25 before the open.They anticipate $0.00 EPS change or 0.00% from last quarter’s $0.07 EPS. WIT’s profit would be $273.98M giving it 18.89 P/E if the $0.07 EPS is correct. After having $0.06 EPS previously, Wipro Limited’s analysts see 16.67% EPS growth. The stock increased 2.12% or $0.11 during the last trading session, reaching $5.29. About 1.50M shares traded. Wipro Limited (NYSE:WIT) has risen 0.20% since April 17, 2017 and is uptrending. It has underperformed by 11.35% the S&P500.

Among 11 analysts covering Wipro Limited (NYSE:WIT), 1 have Buy rating, 7 Sell and 3 Hold. Therefore 9% are positive. Wipro Limited had 13 analyst reports since August 5, 2015 according to SRatingsIntel. The stock of Wipro Limited (NYSE:WIT) earned “Underperform” rating by Jefferies on Wednesday, June 7. The stock of Wipro Limited (NYSE:WIT) earned “Buy” rating by CLSA on Friday, January 6. On Thursday, February 11 the stock rating was downgraded by Morgan Stanley to “Equal-Weight”. HSBC downgraded the stock to “Reduce” rating in Tuesday, August 9 report. CLSA downgraded the shares of WIT in report on Friday, July 7 to “Outperform” rating. The stock of Wipro Limited (NYSE:WIT) earned “Sell” rating by Citigroup on Thursday, April 21. The stock has “Reduce” rating by Nomura on Monday, October 24. The company was initiated on Friday, September 9 by Wedbush. The rating was upgraded by Zacks to “Hold” on Tuesday, September 22. Credit Suisse downgraded Wipro Limited (NYSE:WIT) on Monday, January 22 to “Sell” rating.

Wipro Limited operates as an information technology , consulting, and business process services firm worldwide. The company has market cap of $20.71 billion. The companyÂ’s IT Services segment provides a range of IT and IT-enabled services, which include digital strategy advisory, customer centric design, technology consulting, IT consulting, custom application design, development, re-engineering and maintenance, systems integration, package implementation, infrastructure services, analytics services, business process services, research and development, and hardware and software design services to enterprises. It has a 19.59 P/E ratio. This segment serves clients in various industry verticals comprising banking, financial services, and insurance; healthcare and life sciences; consumer business units; energy, natural resources, and utilities; manufacturing and technology; and communications.

alpha-En Corporation focuses on developing technologies to produce lithium metal for use in lightweight, high energy, and density batteries and their components. The company has market cap of $65.29 million. It owns a license to use certain proprietary technology for the processing of lithium. It currently has negative earnings.

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