WiseTech Global Ltd traded at 47.60 this Friday February 6th, decreasing 2.32 or 4.65 percent since the previous trading session. Looking back, over the last four weeks, WiseTech Global lost 28.74 percent. Over the last 12 months, its price fell by 63.36 percent. Looking ahead, we forecast WiseTech Global Ltd to be priced at 56.82 by the end of this quarter and at 53.43 in one year, according to Trading Economics global macro models projections and analysts expectations.
WiseTech Global Limited is a developer and provider of software solutions to the logistics execution industry globally. The Company develops, sells, and implements software solutions which enable logistics service providers to facilitate the storage of goods and information, domestically and internationally. It provides its solutions to approximately 17,000 customers in over 174 countries. The Company''s technology, CargoWise, is an integrated, global software platform for logistics service providers. Its software enables logistics service providers to execute logistics transactions and manage their operations on one global database across multiple users, functions, offices, corporations, currencies, countries, and languages. Its main data centers in Australia, Europe and the United States deliver its CargoWise platform principally through the cloud, which customers access as needed and pay for usage as they execute on its platform.