Infosys Limited Stock Slides 9% So Far On Thursday, Underperforms Market

(VIANEWS) – Shares of Infosys Limited (NYSE: INFY) slid 9.2% to $16.08 at 11:24 EST on Thursday, after two sequential sessions in a row of losses. NYSE is jumping 0.11% to $16,248.02, after three sequential sessions in a row of gains. This seems, as yet, a somewhat positive trend trading session today.

Infosys Limited’s last close was $17.71, 14.03% under its 52-week high of $20.60.

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 management and application development services, independent validation solutions, product engineering and management, infrastructure management services, traditional enterprise application implementation, support, and integration services. The company's products and platforms include Finacle, a core banking solution; Edge suite of products; Panaya platform, Infosys Equinox, Infosys Helix, Infosys Applied AI, Infosys Cortex, and Stater digital platforms; and Infosys McCamish, an insurance platform. It serves enterprises in the financial services and insurance, manufacturing, retail, consumer packaged goods, logistics, energy, utilities, resources, services, communications, telecom OEM, media, hi-tech, and life sciences and healthcare industries. 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 $0.69.

PE Ratio

Infosys Limited has a trailing twelve months price to earnings ratio of 23.3. Meaning, the purchaser of the share is investing $23.3 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 31.04%.

More news about Infosys Limited (INFY).

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