WSP Global (OTCMKTS:WSPOF) Hits New 1-Year Low – Should You Sell?

WSP Global Inc. (OTCMKTS:WSPOF)’s share price hit a new 52-week low during mid-day trading on Wednesday . The stock traded as low as $111.0835 and last traded at $111.0835, with a volume of 6 shares changing hands. The stock had previously closed at $123.1825.

Wall Street Analyst Weigh In

Several equities analysts have commented on the stock. Scotiabank reiterated an “outperform” rating on shares of WSP Global in a report on Monday, April 13th. Canadian Imperial Bank of Commerce restated an “outperform” rating on shares of WSP Global in a research note on Friday, May 8th. Four research analysts have rated the stock with a Buy rating, According to data from MarketBeat, WSP Global currently has an average rating of “Buy”.

WSP Global Stock Performance

The firm has a market capitalization of $19.28 billion and a price-to-earnings ratio of 88.82. The company has a fifty day moving average of $142.10 and a two-hundred day moving average of $163.35. The company has a debt-to-equity ratio of 0.81, a quick ratio of 1.19 and a current ratio of 1.19.

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

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.