Infosys Limited Already 5% Down, Almost Two Hours Before The Market Open

(VIANEWS) – The NYSE opens in less than two hours and Infosys Limited‘s pre-market value is already 5.33% down.

Infosys Limited’s last close was $17.07, 32.29% below its 52-week high of $25.21.

The last session, NYSE finished with Infosys Limited (INFY) dropping 2.18% to $17.07. NYSE slid 0.13% to $15,500.93, following the last session’s downward trend on what was a somewhat bearish trend exchanging session.

About Infosys Limited

Infosys Limited, together with its subsidiaries, provides consulting, technology, outsourcing, and next-generation digital services in North America, Europe, India, and internationally. It provides application development and management, independent validation, product engineering and management, infrastructure management, enterprise application management, and support and integration services. The company's products and platforms include Finacle, a core banking solution; Edge suite of products; Infosys Nia, an artificial intelligence platform; Infosys McCamish – an insurance platform; Wingspan, a customizable learning platform; Stater mortgage servicing platform; Panaya automation suite; and Skava, an e-commerce suite. The company serves clients in the financial services and insurance, life sciences and healthcare, manufacturing, retail, consumer packaged goods and logistics, hi-tech, communications, telecom OEM, media, energy, utilities, resources, services, and other industries. It has collaboration agreements with Rolls-Royce, BP plc, Newmont Corporation, RXR Realty, Majesco Limited, and Centre for Accessibility Australia; and a strategic partnership with The Economist Group Limited to enable and enhance sustainability solutions through a business-to-business model. The company was formerly known as Infosys Technologies Limited and changed its name to Infosys Limited in June 2011. Infosys Limited was incorporated in 1981 and is headquartered in Bengaluru, India.

Earnings Per Share

As for profitability, Infosys Limited has a trailing twelve months EPS of $0.71.

PE Ratio

Infosys Limited has a trailing twelve months price to earnings ratio of 24.04. Meaning, the purchaser of the share is investing $24.04 for every dollar of annual earnings.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 32.49%.

Yearly Top and Bottom Value

Infosys Limited’s stock is valued at $17.07 at 08:21 EST, way under its 52-week high of $25.21 and higher than its 52-week low of $16.39.

Sales Growth

Infosys Limited’s sales growth is 10.9% for the present quarter and 9.2% for the next.

Moving Average

Infosys Limited’s value is below its 50-day moving average of $18.55 and below its 200-day moving average of $18.63.

Volume

Today’s last reported volume for Infosys Limited is 16875944 which is 42.24% above its average volume of 8010440.

More news about Infosys Limited (INFY).

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