WSP Global (OTCMKTS:WSPOF) Sets New 12-Month Low – Here’s What Happened

Shares of WSP Global Inc. (OTCMKTS:WSPOF) reached a new 52-week low on Tuesday . The company traded as low as $128.5280 and last traded at $128.5280, with a volume of 484 shares traded. The stock had previously closed at $132.45.

Analyst Ratings Changes

WSPOF has been the subject of a number of research analyst reports. Scotiabank restated an “outperform” rating on shares of WSP Global in a research note on Monday, April 13th. Canadian Imperial Bank of Commerce reaffirmed an “outperform” rating on shares of WSP Global in a research note on Friday, May 8th. Four analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the company currently has an average rating of “Buy”.

WSP Global Stock Performance

The company has a debt-to-equity ratio of 0.81, a quick ratio of 1.19 and a current ratio of 1.19. The stock has a market capitalization of $16.74 billion and a P/E ratio of 77.12. The business has a 50-day moving average price of $149.01 and a 200 day moving average price of $166.61.

WSP Global (OTCMKTS:WSPOF) last posted its quarterly earnings data on Wednesday, May 6th. The company reported $1.61 earnings per share for the quarter, beating analysts’ consensus estimates of $1.48 by $0.13. WSP Global had a return on equity of 12.01% and a net margin of 5.46%.The company had revenue of $2.70 billion during the quarter, compared to analyst estimates of $2.65 billion.

WSP Global Company Profile

WSP Global Inc is a Canadian professional services firm specializing in engineering, design and environmental consulting. The company provides advisory, planning and project delivery services to public and private sector clients across the built and natural environment. Its expertise spans the full project lifecycle, from feasibility studies and regulatory approvals to design, construction oversight and asset management.

WSP’s service offerings cover a wide range of market sectors including transportation infrastructure, property and buildings, environment and resources, energy and mining, and water management.