WiseTech Global (ASX:WTC) Valuation Check After Share Price Hits 52 Week Low On Inflation And Rate Jitters
WiseTech Global (ASX:WTC) has drawn attention after its shares slipped to a 52 week low, as concerns about rising inflation and potential interest rate increases weighed on high growth tech names.
See our latest analysis for WiseTech Global.
That inflation driven selloff has come on top of a softer run for WiseTech Global, with a 1 day share price return of 2.09% and a 30 day share price return of 12.37% contributing to a 13.30% year to date share price decline. The 1 year total shareholder return of 51.93% contrasts with a 5 year total shareholder return of 84.22%, suggesting shorter term momentum has faded compared with longer term performance.
If this reset in high growth tech names has you reassessing your options, it could be a…
