WSP Global (OTCMKTS:WSPOF) Trading 5.4% Higher – Should You Buy?

Shares of WSP Global Inc. (OTCMKTS:WSPOF) traded up 5.4% during mid-day trading on Friday . The stock traded as high as $130.82 and last traded at $130.82. 101 shares changed hands during mid-day trading, a decline of 99% from the average daily volume of 19,375 shares. The stock had previously closed at $124.1005.

Analyst Upgrades and Downgrades

Several brokerages recently commented on WSPOF. Canadian Imperial Bank of Commerce reaffirmed an “outperform” rating on shares of WSP Global in a research note on Wednesday, July 8th. Scotiabank reiterated an “outperform” rating on shares of WSP Global in a report on Monday, April 13th. Four analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the company has an average rating of “Buy”.

WSP Global Trading Down 0.6%

The business has a 50 day moving average of $132.26 and a 200-day moving average of $158.75. The company has a current ratio of 1.19, a quick ratio of 1.19 and a debt-to-equity ratio of 0.81. The firm has a market capitalization of $17.53 billion and a P/E ratio of 80.75.

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

About WSP Global

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.